“We’d like relevant licence on increase of number of the participants of the EDB financial system to be obtained by the end of 2017. Most likely, we can complete all formal procedures in 2018”, Pankin said.
He said the factors such as commercial and investment activity have been taken into account while selecting the candidates.
EDB was established by Russia and Kazakhstan in 2006. The authorized capital makes up $7 billion. Shareholders are: Russia, Kazakhstan, Belarus, Armenia, Kyrgyzstan and Tajikistan.
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