Updates on banks having the right to open escrow accounts for settlements under equity construction contracts

In accordance with Part 3 Article 15⁵ of Federal Law No. 214-FZ, dated 30 December 2004, ‘On Participating in Equity Construction of Apartment Houses and Other Properties and on Amending Certain Laws of the Russian Federation’ the section Credit Institutions of the Bank of Russia website was updated on 5 July 2017. The section contains information on banks having the right to open escrow accounts for settlements under equity construction contracts, as of 1 July 2017.

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