The SMP Bank, controlled by Boris and Arkady Rotenberg, and the bank "Russia" Yuri Kovalchuk admitted to work with state funds, follows from the orders signed by Prime Minister Dmitry Medvedev on October 28. From the text of the documents it follows that the SMP Bank is allowed to keep on deposit temporarily free money from state corporations and state companies, as well as the reserves of the Federal Social Insurance Fund. The Bank "Russia" was also allowed to keep the reserves of the Social Insurance Fund and federal budget funds.
"Funding decisions are made by the bank depending on the needs in it and on the basis of a thorough analysis of all available alternatives to the bank. This will allow the bank to expand its presence in the public finance market more actively, as well as provide additional liquidity management opportunities, "the representative of the SMP Bank said in a response. The external press service of Bank Rossiya has not yet responded to the request.
According to the Central Bank, as of September 1, 2016, banks held 28.7 billion rubles. of the federal budget, as well as 10.7 billion rubles. other budgetary funds. State-owned companies held in banks 694.3 billion rubles. and another 131.6 billion rubles. in foreign currency.
Sanctions as an advantage
The government consistently tightens the criteria for admission of banks to the funds of state-owned companies, budget funds and the budget. Previously, among the criteria were: admission to the program of capitalization through OFZ, the availability of the ACRA rating is not lower than A-, and subsequently - no lower than BBB-, etc. In addition, it was assumed that instead of the rating, a direct or indirect state ownership of the bank could become a guarantee of reliability. An exception was planned for banks under sanctions: RNKB, "Russia" and "SMP Bank". Which, obviously, was done.
Earlier it became known that access to such money would be restricted to banks that had been reorganized for the Central Bank. Soon they will not be able to attract new funds from state companies, state corporations, strategic enterprises, as well as money from the budget and extra-budgetary funds, Deputy Finance Minister Alexei Moiseyev told Vedomosti. They will be allowed to confine themselves to the funds that were placed at the time of the decision on reorganization, the official said.
The Fund for the Consolidation of the Banking Sector (under the control of the Central Bank) is sanitizing the Otkritie group, which includes three banks - FC Opening, Trust and RGS Bank, and Binbank itself is Binbank, Rost Bank and Binbank Digital ". "It is not right that these banks compete with private banks for new money from state companies, for new resources in the economy. Because they will be trusted simply because the Central Bank is there, "Moiseyev explained. - These banks already have access to the liquidity of the regulator. This [solution] is necessary to preserve competition. " It is clear that there is no point in revoking the funds that are already in these banks, as the banks are working and will continue to work, he added. "This was our proposal, the Central Bank agreed," said the deputy minister. "I hope the amendments will be adopted in the near future."
In March 2014, the United States, and subsequently the EU, included Arkady Rotenberg and his brother Boris in the list of persons subject to sanctions - along with co-owner of the Rossiya bank Yuri Kovalchuk, general director of the Rostek state corporation Sergey Chemezov, owner of the Volga Group Gennady Timchenko and many others. Their bank accounts and assets in the territories of these countries were frozen. The US authorities blocked the assets of Bank Rossiya and SMP Bank for a total of $ 637 million, the Wall Street Journal reported earlier.