The Ministry of Finance: Debt “Discovery” on FB may be charged

Deputy Finance Minister Alexei Moiseyev said that the Bank “Opening” can write off the debt on OFZ if, after the assessment of his condition by the Bank of Russia will be clear that the credit institution lost its equity. It is reported by RIA “Novosti”.

“The DIA in may 2015 under the program of state gave to the Bank “Petrocommerce”, and later included in the “FC Opening” and to “FC Opening” OFZ in the amount of 65.2 billion. In addition, the Bank “FC Opening” in circulation are three issues of subordinated Eurobonds worth 1 billion dollars”, – stated in the message Agency.

“I expect that he will be charged, but it depends on what conclusions will make the Central Bank about the state of the Bank”,- said Moiseev.

“But I expect that within the total procedure this kind of instrument is derecognized if the Bank has lost its capital”, — said Moiseev.

In late August, the Central Bank on measures to rescue the Bank “FC Opening”. The Bank of Russia, investing established in the year of the Foundation of the consolidation of the banking sector will become the main shareholder of “Discovery”.

The Ministry of Finance: Debt “Discovery” on FB may be charged 12.09.2017

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