“Your institution should be the base for the service of our military-industrial complex”, – said Vladimir Putin and asked how this work is progressing and how the whole evolving institution.
“Now it’s safe to say that the Bank took the leading position both from the point of view of the maintenance calculations for defense procurement and terms of crediting of the enterprises of the industry. The status of a reference Bank is enshrined in law”, – said Fradkov. He said that the Bank is already accompanied by about 60 per cent of contracts in the sphere of the state defense order. The Ministry of defence confirms that the work is uninterrupted, and tens of thousands of transactions per day. “Now the lending limits defense be more than 600 billion rubles. However, of these, 430 billion already issued money”, said Peter Fradkov.
“Promsvyazbank” has developed its own programme of additional concessional financing for defense companies, it has already issued 120 billion rubles at a rate within 6.5 percent.
the Bank continues to develop as a universal financial institution. He entered the top three government financial institutions for return on equity. And the growth rate of assets was the first. “Now our assets are more than 2.2 trillion rubles and grew up seriously only in 2019,” – said Fradkov.
According to him, briefcase on military mortgage is 35 billion rubles at a rate of less than 9 percent. “We can say that we are the absolute leaders in this area. Also don’t forget software such as a family mortgage that is issued at a rate of 4.5 percent,” – said the head of “Promsvyazbank”.
the plans provide special mortgage programs for specific enterprises, which will attract the young cadres. The development of these programs is tailored to “the specific status of these categories of staff in the use of financial products.” This will create “a kind of ecosystem around the military-industrial complex”. “As a Bank so maybe not exactly a Bank product, but we it see and we in this direction actively enough to move,” said Peter Fradkov.
He also spoke about the Bank’s participation in realization of anti-crisis measures of the government. “Only through individuals, we have provided more than 6.5 billion rubles of the so-called vacation credit”, – said Fradkov, adding that the preferential mortgage the Bank gives under of 5.85% that is 0.75% below the norms of the government. “This product was a large enough demand, and more than 8 billion rubles has been approved for this program,” he said.
Chinese President XI Jinping in a telephone conversation with President of Russia Vladimir Putin noted the great meants amendments to the Constitution of the Russian Federation to strengthen the Russian state, according to the Kremlin website.
the Chinese leader congratulated his Russian counterpart on the successful holding of a nationwide vote on amendments to the Constitution and noted the importance of this step to strengthen Russian statehood and sustainable socio-economic development of the country. Was also reflects the strong mutual support in the protection of sovereignty, avoid interference in internal Affairs from outside and the rule of international law.
In turn, the Russian President thanked the Chinese President for sending a large delegation and division of the army of China to participate in the parade in honor of the 75th anniversary of the Victory in the great Patriotic war.
