| Industrie Automobile en Russie |
|
| Automotive Industry in Russia | Nicolas LAPORTE |
The
Federal Antimonopoly Service (FAS) wants to expand list of banks granting subsidized loans on Russian-produced cars.
At moment, only 8 banks are able to fulfill requirements.
FAS proposed that banks may apply from October 1 st to November
01st to Ministry of industry and trade and in case application documents are not properly done, they might be returned but nor more than 3
times.
The ministry seems to be globally supportive with FAS proposal, and FAS proposal is under validation with other ministries.
Source: bankir.ru -- Sept 07, 2009