of May 16, 2019 No. 606
About modification of the Order of the Government of the Russian Federation of June 18, 2018 No. 697
The government of the Russian Federation decides:
The subitem "b" of item 4 of criteria (requirements) to which according to the Federal Law "About Participation in Shared-equity Construction of Apartment Houses and Other Real Estate Objects and about Modification of Some Legal Acts of the Russian Federation" there shall correspond authorized banks and banks which have the right to opening of escrow accounts for the agreement settlements of participation in shared-equity construction approved by the order of the Government of the Russian Federation of June 18, 2018 No. 697 "About approval of criteria (requirements) to which according to the Federal Law "About Participation in Shared-equity Construction of Apartment Houses and Other Real Estate Objects and about Modification of Some Legal Acts of the Russian Federation" there shall correspond authorized banks and banks which have the right to opening of escrow accounts for agreement settlements of participation in shared-equity construction" (The Russian Federation Code 2018, No. 27, of the Art. 4066) to state in the following edition:
"b) availability at bank is not lower than the BBB-(RU) level of credit score on national rating scale for the Russian Federation, assigned by credit rating agency Analytical Credit Rating Agency (Joint-stock company), and (or) it is not lower than the ruBBB-level on national rating scale for the Russian Federation, appropriated by credit rating agency Joint-stock company "Expert RA Rating agency.
For banks with credit rating is lower than "A-" and to "BBB-" inclusive the outstanding amount limit of all agreements on provision of purpose-oriented loans to builders on construction (creation) of apartment houses and (or) other real estate objects is determined in the amount of no more than 20 percent of size of own means (capital) of bank;".
Russian Prime Minister
D. Medvedev
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