More than 30 SRO in construction reported on transferring funds to approved banks

09.11.2016

The National Association of Builders (NOSTROY) has already received 32 notifications from self-regulatory organizations (SRO) of construction sector about transfer of resources of the compensation funds to the authorized banks, says Victor Pryadein, Executive Director of NOSTROY.

The reform of SRO activities is currently taking place in Russia. One of the key points of the reform is the necessity to transfer resources of SRO compensation funds of construction to most reliable banks which meet the requirements of the Russian Government. The Central Bank of the Russian Federation has approved the list of banks which are allowed to keep finances of SRO compensation funds.

The list includes: Unicredit Bank, Gazprombank, “VTB”, Alfa-Bank, Sberbank, “VTB 24”, Moscow Credit Bank, FK “Otkrytie”, Rosbank, Promsvyazbank, Raiffeisenbank and Rosselkhozbank.

According to Pryadein, currently NOSTROY is actively working with most of the authorized banks, helping construction SRO, particularly regional, to solve complex issues relating to transfer of compensation funds.

RIA – Real Estate

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