WPS Digest: The Russian Finance Report / Russian press digests in Englishhttp://www.wps.ru/en/digests/en/rfr A weekly roundup of news stories, quotes, analyst commentaries and research. It is compiled from daily reviews of major national and regional newspapers, special information agencies, web content and company reports. THE RUSSIAN BANKING AND FINANCE REPORT features interviews with leading economists, bankers and other financial services executives, The Central Bank and government officials, as well as analytical reviews and forecasts, news briefs and press releases. This digest is published in cooperation with TverInterContact Group. Each issue contains a topical selection of articles and/or abstracts translated from Russian media sources focusing on: Government Issues, Central Bank and Treasury, Tax Regulation, Currency Dynamics, Statistics and Indicators, International Cooperation, Corporate Profiles and Reports, Mergers and Acquisitions, Financial Scandals, Commercial Banking, Retail Banking, Credits and Finance, Investing News, Insurance Services, Real Estate, Pensions and Retirement Planning, Banking Technology, Conventions and Conferences enCopyright 1997-2012, WPSMon, 30 Nov 2009 00:00:00 +0300http://www.wps.ru/images/wps-logo-rss.gifhttp://www.wps.ru/en/index.htmlWPS Russian Media Monitoring AgencyFINANCE MINISTRY: RUSSIAN STOCKS COULD FALL AT ANY TIMEhttp://www.wps.ru/en/digests/en/rfr (Vedomosti, November 26, 2009) GOVERNMENT ISSUESMon, 30 Nov 2009 00:00:00 +0300FINANCE MINISTRY REDUCES BUDGET DEFICIT FORECAST SUBSTANTIALLYhttp://www.wps.ru/en/digests/en/rfr (Vedomosti, November 26, 2009) GOVERNMENT ISSUESMon, 30 Nov 2009 00:00:00 +0300PRIVATIZATION WILL BRING IN 77 BILLION RUBLES FOR THE FEDERAL BUDGET IN 2010http://www.wps.ru/en/digests/en/rfr (Lenta.ru, November 23, 2009) GOVERNMENT ISSUESMon, 30 Nov 2009 00:00:00 +0300CENTRAL BANK ACQUIRES 11.79% STAKE IN AEROFLOThttp://www.wps.ru/en/digests/en/rfr (Vremya Novostei, November 26, 2009) CENTRAL BANK AND TREASURYMon, 30 Nov 2009 00:00:00 +0300CENTRAL BANK CUTS REFINANCING RATE TO 9%http://www.wps.ru/en/digests/en/rfr (Vremya Novostei, November 25, 2009) CENTRAL BANK AND TREASURYMon, 30 Nov 2009 00:00:00 +0300CENTRAL BANK TO INVEST PART OF RUSSIA'S RESERVES IN CANADIAN DOLLARShttp://www.wps.ru/en/digests/en/rfr (Newsru.com, November 25, 2009) CENTRAL BANK AND TREASURYMon, 30 Nov 2009 00:00:00 +0300CENTRAL BANK LOWERS NPL FORECASThttp://www.wps.ru/en/digests/en/rfr (Vedomosti, November 24, 2009) CENTRAL BANK AND TREASURYMon, 30 Nov 2009 00:00:00 +0300GAZPROM BOARD APPROVES CORPORATE BUDGET FOR 2010http://www.wps.ru/en/digests/en/rfr (Vedomosti, November 25, 2009) CORPORATE PROFILES AND REPORTSMon, 30 Nov 2009 00:00:00 +0300ROSNEFT'S NET PROFIT FALLS SUBSTANTIALLY IN THIRD QUARTERhttp://www.wps.ru/en/digests/en/rfr (Vremya Novostei, November 26, 2009) CORPORATE PROFILES AND REPORTSMon, 30 Nov 2009 00:00:00 +0300TATNEFT TAKES OUT $1.5 BILLION SYNDICATED LOANhttp://www.wps.ru/en/digests/en/rfr (Finmarket agency, November 24, 2009) CORPORATE PROFILES AND REPORTSMon, 30 Nov 2009 00:00:00 +0300NORD STREAM WILL BE ABLE TO BORROW 3.9 BILLION EUROShttp://www.wps.ru/en/digests/en/rfr (Vremya Novostei, November 25, 2009) CORPORATE PROFILES AND REPORTSMon, 30 Nov 2009 00:00:00 +0300SBERBANK BUYS ITS FIRST GOVERNMENT BONDS FROM THE EURO ZONEhttp://www.wps.ru/en/digests/en/rfr (Vremya Novostei, November 26, 2009) CORPORATE PROFILES AND REPORTSMon, 30 Nov 2009 00:00:00 +0300FITCH NOTES THAT TRUST BANK'S ASSETS ARE "NOT TRANSPARENT"http://www.wps.ru/en/digests/en/rfr (Kommersant, November 25, 2009) CORPORATE PROFILES AND REPORTSMon, 30 Nov 2009 00:00:00 +0300VIMPELCOM'S NET PROFIT DOWNhttp://www.wps.ru/en/digests/en/rfr (Vedomosti, November 25, 2009) CORPORATE PROFILES AND REPORTSMon, 30 Nov 2009 00:00:00 +0300NORILSK NICKEL CONSIDERS $1 BILLION EUROBOND ISSUEhttp://www.wps.ru/en/digests/en/rfr (Vremya Novostei, November 25, 2009) CORPORATE PROFILES AND REPORTSMon, 30 Nov 2009 00:00:00 +0300ALROSA PLANS ECP ISSUE AT 8.75-9% PER ANNUMhttp://www.wps.ru/en/digests/en/rfr (Vremya Novostei, November 25, 2009) CORPORATE PROFILES AND REPORTSMon, 30 Nov 2009 00:00:00 +0300GAZPROM TO CUT GAS IMPORTS FROM TURKMENISTAN BY THREE-QUARTERShttp://www.wps.ru/en/digests/en/rfr (Vedomosti, November 24, 2009) CORPORATE PROFILES AND REPORTSMon, 30 Nov 2009 00:00:00 +0300PROMSVYAZBANK ISSUES SUBORDINATED EUROBONDShttp://www.wps.ru/en/digests/en/rfr (Vedomosti, November 23, 2009) CORPORATE PROFILES AND REPORTSMon, 30 Nov 2009 00:00:00 +0300SBERBANK AND VTB COULD LOSE 16% OF THEIR LOAN PORTFOLIOShttp://www.wps.ru/en/digests/en/rfr (Vremya Novostei, November 24, 2009) CORPORATE PROFILES AND REPORTSMon, 30 Nov 2009 00:00:00 +0300TNK-BP SHAREHOLDERS ENDORSE NEW CHIEF EXECUTIVEhttp://www.wps.ru/en/digests/en/rfr (Kommersant, November 20, 2009) CORPORATE PROFILES AND REPORTSMon, 30 Nov 2009 00:00:00 +0300LUKOIL CHANGES LONG-TERM STRATEGY PRIORITIEShttp://www.wps.ru/en/digests/en/rfr (Vedomosti, November 20, 2009) CORPORATE PROFILES AND REPORTSMon, 30 Nov 2009 00:00:00 +0300ROSNEFT SHARES TRADING AT PRE-CRISIS LEVELhttp://www.wps.ru/en/digests/en/rfr (RBC Daily, November 20, 2009) CORPORATE PROFILES AND REPORTSMon, 30 Nov 2009 00:00:00 +0300MOODY'S MAY DOWNGRADE ROSBANK'S RATINGShttp://www.wps.ru/en/digests/en/rfr (Kommersant, November 20, 2009) CORPORATE PROFILES AND REPORTSMon, 30 Nov 2009 00:00:00 +0300VTB MAY HAVE TO WRITE OFF UP TO 27% OF LOANShttp://www.wps.ru/en/digests/en/rfr (Kommersant, November 20, 2009) CORPORATE PROFILES AND REPORTSMon, 30 Nov 2009 00:00:00 +0300DERIPASKA DOES NOT INTEND TO BUY BACK 25% OF AUSTRIA'S STRABAGhttp://www.wps.ru/en/digests/en/rfr (Lenta.ru, November 23, 2009) MERGERS AND ACQUISITIONSMon, 30 Nov 2009 00:00:00 +0300POLYUS GOLD SHAREHOLDERS CANCEL STAKE SALEhttp://www.wps.ru/en/digests/en/rfr (Vedomosti, November 23, 2009) MERGERS AND ACQUISITIONSMon, 30 Nov 2009 00:00:00 +0300EBRD TO ACQUIRE 11.7% STAKE IN PROMSVYAZBANKhttp://www.wps.ru/en/digests/en/rfr (RosBusinessConsulting, November 23, 2009) MERGERS AND ACQUISITIONSMon, 30 Nov 2009 00:00:00 +0300UC RUSAL IPO: VEB MAY BUY 3% STAKE FOR 18 BILLION RUBLEShttp://www.wps.ru/en/digests/en/rfr (Gazeta.ru, November 19, 2009) MERGERS AND ACQUISITIONSMon, 30 Nov 2009 00:00:00 +0300NORWAY'S SOVEREIGN FUND DIVESTS FROM NORILSK NICKEL ON ETHICAL GROUNDShttp://www.wps.ru/en/digests/en/rfr (Vedomosti, November 20, 2009) FINANCIAL SCANDALSMon, 30 Nov 2009 00:00:00 +0300PWC: RUSSIA HAS THE WORLD'S HIGHEST ECONOMIC CRIME RATEhttp://www.wps.ru/en/digests/en/rfr (RBC Daily, November 20, 2009) STATISTICS AND INDICATORSMon, 30 Nov 2009 00:00:00 +0300SAXO BANK'S NEW FUND WILL WORK WITH RUSSIAN INVESTORShttp://www.wps.ru/en/digests/en/rfr (RBC Daily, November 25, 2009) RETAIL BANKINGMon, 30 Nov 2009 00:00:00 +0300SBERBANK PLANS TO DEVELOP PRIVATE BANKINGhttp://www.wps.ru/en/digests/en/rfr (RBC Daily, November 20, 2009) RETAIL BANKINGMon, 30 Nov 2009 00:00:00 +0300ILYUSHIN FINANCE PLANNING IPO IN HONG KONGhttp://www.wps.ru/en/digests/en/rfr (Vedomosti, November 23, 2009) GOING PUBLICMon, 30 Nov 2009 00:00:00 +0300INSURANCE COMPANY OWNERS MUST BE IDENTIFIEDhttp://www.wps.ru/en/digests/en/rfr (Vedomosti, November 26, 2009) INSURANCE SERVICESMon, 30 Nov 2009 00:00:00 +0300VEB MAY INVEST UP TO 20% OF PENSION FUNDS IN MORTGAGE BONDShttp://www.wps.ru/en/digests/en/rfr (Vedomosti, November 20, 2009) PENSIONS AND RETIREMENT PLANNINGMon, 30 Nov 2009 00:00:00 +0300FINANCE MINISTER KUDRIN: RUSSIA CAN EXPECT A BANK IPO BOOMhttp://www.wps.ru/en/digests/en/rfr (Lenta.ru, November 25, 2009) ANALYSTS COMMENTARYMon, 30 Nov 2009 00:00:00 +0300FINANCE MINISTER KUDRIN EXPLAINS WHY VEB WILL PARTICIPATE IN UC RUSAL'S IPOhttp://www.wps.ru/en/digests/en/rfr (Vedomosti, November 26, 2009) ANALYSTS COMMENTARYMon, 30 Nov 2009 00:00:00 +0300CREDIT MARKET ANALYSIS: RUSSIA LIKELY TO DEFAULThttp://www.wps.ru/en/digests/en/rfr (RBC Daily, November 23, 2009) ANALYSTS COMMENTARYMon, 30 Nov 2009 00:00:00 +0300