There is increased the value of assets of a credit institution and aggregate share of credit institutions in the commodity market in purposes of making antimonopoly control
Besides
the credit institution shall notify the antimonopoly body:
about its creation in the result of consolidation of credit
institutions - not later than 45 days after the date of consolidation,
if according to the book-entry balance cost of its assets as
on last accounting date being previous to the date of submission
of the notification is not more 14 bln.rubles;
about amalgamation
of other financial institution with it - not later than 45 days
after the date of amalgamation, if in accordance with the book-entry
balance cost of assets of reorganized credit institution as
on last accounting date being previous to the date of submission
of the notification is not more 14 bln.rubles.
The amendments are made to the Instruction of the Bank of Russia "On the procedure for the Bank of Russia to make a decision on state registration of credit institutions and issuance of licenses for performance of banking operations"
The amendments are made to the Statute of the Bank of Russia "On reorganization of credit institutions in the form of consolidation and amalgamation"
The Direction of the Bank of Russia N 2044-U of July 15, 2008
(document is in Russian) makes amendments to
the Statute of the Bank of Russia N 230-P "On reorganization
of credit institutions in the form of consolidation and amalgamation"
of June 4, 2003 (document is in Russian), and in accordance
with them there are fixed the additional requirements to credit
institutions reorganizing in the form of consolidation or amalgamation.
Thus during tree working days since the day of making a decision
on state registration of a reorganized credit institution and
on issuance of the license on performance of banking operations
to it, the Department of licensing of activity and financial
restructuring of credit institutions of the RF Central Bank
shall send to every of the reorganized credit institutions the
telegraph message about necessity to disclose information to
the public about persons making essential (direct or indirect)
effect to decisions made by administration bodies of the
credit institution (in the case if there is less than two years
from the date of state registration of reorganized credit institutions
and the credit institution appeals for issuance of the license
on attraction of monetary funds of natural persons to deposits).
This
Direction shall put into effect after 10 days upon its promulgation
in the "New Bulletin of the Bank of Russia".
