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Banks that have one hundred percent foreign ownership should become Russian legal persons and operate according to Russian legislation. Vladimir Putin stated the above opinion at a meeting with Vladimir Potanin, Head of Interros Company.
Vladimir Putin promised to support both national and foreign bankers in order to create a competitive environment and promote the development of the national banking sector.
The day before a meeting on the bank sector's role in the regions' social and economic development was held in Novosibirsk.
December 15, 2005