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ORDER OF THE GOVERNMENT OF THE RUSSIAN FEDERATION

of October 29, 2009 No. 853

About approval of Rules of the direction by banks of the offer on participation in the procedure of increase in capitalization and decision making about satisfaction (refusal in satisfaction) offers of bank on participation in the procedure of increase in capitalization

(In edition of the Order of the Government of the Russian Federation of 24.09.2012 No. 969)

According to the Federal Law "About Use of Government Securities of the Russian Federation for Increase in Capitalization of Banks" Government of the Russian Federation decides:

1. Approve the enclosed Rules of the direction by banks of the offer on participation in the procedure of increase in capitalization and decision making about satisfaction (refusal in satisfaction) offers of bank on participation in the procedure of increase in capitalization.

2. Approve the enclosed form of the contract of exchange of preferred shares of bank for federal loan bonds.

3. Determine that the Ministry of Finance of the Russian Federation: signs till December 31, 2014 inclusive with banks agreements of exchange of the preferred shares placed by these banks within participation in the procedure of increase in capitalization on the federal loan bond;

is authorized federal executive body to which the bank according to part 3 of article 9 of the Federal law "About Use of Government Securities of the Russian Federation for Increase in Capitalization of Banks" represents the list of shareholders - common shareholders of bank.

 

Prime Minister

Russian Federation V. Putin

N853 are approved by the Order of the Government of the Russian Federation of October 29, 2009

Rules of the direction banks of the offer on participation in the procedure of increase in capitalization and decision making about satisfaction (refusal in satisfaction) offers of bank on participation in the procedure of increase in capitalization

1. These rules establish procedure for the direction banks of the offer on participation in the procedure of increase in capitalization and decision making about satisfaction (refusal in satisfaction) offers of bank on participation in the procedure of increase in capitalization.

2. Placement of preferred shares within the procedure of increase in capitalization can be performed by the bank conforming to the following requirements:

a) availability at bank for July 1, 2012 of score of long-term creditworthness assigned to at least one of the specified rating agencies at the level not below the following minimum values:

Fitch Ratings (the international scale, long-term credit rating in foreign currency) - B-;

Standard & Poor's (the international scale, long-term credit rating in foreign currency) - B-;

Moody's Investors Service (the international scale, the long-term rating of bank deposits in foreign currency) - B3;

Fitch Ratings (national scale) - BBB-(rus);

Standard & Poor's (national scale) - ruBBB-;

Moody's Interfax Rating Agency - Baa3.ru;

Expert RA rating agency - B ++;

National Rating Agency rating agency (individual credit rating) - BBB-;

RusRating rating agency - BBB-;

AK&M rating agency - B ++;

b) the size of assets of bank determined according to the procedure established by the Central bank of the Russian Federation for the published reporting for July 1, 2012 constitutes not lower than 30 billion rubles;

c) value of sufficiency of own funds of bank for the last reporting date to the direction of the offer on participation in the procedure of increase in capitalization makes at least 10 percent;

d) Central Bank of the Russian Federation concerning bank does not impose ban on implementation of separate banking activities, and (or) there are no restrictions for the size of interest rate set by the Central bank of the Russian Federation which the bank determines in bank deposit agreements;

3. The bank which made the decision on participation in the procedure of increase in capitalization sends to the Ministry of Finance of the Russian Federation and to the Central bank of the Russian Federation:

the offer on participation in the procedure of increase in capitalization on form according to appendix;

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