PRESS: Promsvyazbank may classify mgmt members to avoid sanctions - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

PRESS: Promsvyazbank may classify mgmt members to avoid sanctions

MOSCOW, May 7 (PRIME) -- Russia’s Promsvyazbank, which is bailed out by the central bank, is considering the possibility of not disclosing members of the management as a measure to protect them from potential individual sanctions, Kommersant business daily reported Monday citing sources close to the bank.

At present, banks are obliged to provide on their websites information about qualification and work experience of members of the board of directors, chief accountant and their deputy, management and accountants of branches. Banks also disclose their owners.

The central bank has already developed a number of measures on securing information about sanctioned persons and deals connected with defense order. One of the draft documents allows not to disclose shareholders that were put in the sanctions lists, the daily said.

In January, the Finance Ministry said that the government will create a bank based on Promsvyazbank to handle defense order contracts in the conditions of Western sanctions.


07.05.2018 09:23
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 71.9232 -0.3208 20 apr
USD 63.9602 -0.1086 20 apr
Stock Market Indices
1D 1W 1M 1Y
rtsi 1260.82 -0.12 18:50 19 apr
micex 2563.90 +0.12 18:50 19 apr
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 162.57 +0.48 18:49 19 apr
lkoh 5602.00 -0.14 18:48 19 apr
rosn 432.00 -0.84 18:49 19 apr
sber 232.60 -0.08 18:49 19 apr
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 71.9125 -0.2875 14:59 19 apr
USDTD 64.0125 +0.0400 17:44 19 apr