Government of Bashkortostan and Russian Capital Bank to sign cooperation agreement

UFA, 17 August 2015. /Bashinform News Agency, Arthur Basyrov/. The Government of Bashkortostan and the Russian Capital Bank in the near future will sign a cooperation agreement. This will be one of the steps on the way to Sotsinvestbank rehabilitation. This was said by the Chairman of the Russian Capital Bank Mikhail Kuzovlev at a press conference in Bashinform News Agency.

The First Vice Prime Minister of Bashkortostan Rustem Mardanov noted that the regional authorities intended to involve the Sotsinvestbank facilities for the development of a number of activities.

"We will consider a possibility of attracting Sotsinvestbank offices for providing housing and communal services, reforming of housing and communal services and acceptance of housing payments. We have always regarded the bank as one of the key banks in terms of retail services, including in the framework of social card project in Bashkortostan, and then in the framework of universal electronic card. In this regard the bank has a good future. We plan that the bank will grant lending to individuals and small and medium-sized businesses", said Rustem Mardanov.

Recall that on August 14, the Central Bank decided on Sotsinvestbank’s rehabilitation. At the initial stage the regulator involved the Russian Capital Bank for financial rehabilitation.