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FEDERAL LAW OF THE RUSSIAN FEDERATION

of December 3, 2011 No. 391-F3

About introduction of amendments to the Federal law "About Banks and Banking Activity"

Accepted by the State Duma on November 18, 2011

Approved by the Federation Council on November 29, 2011

Article 1

Bring in the Federal Law "About Banks and Banking Activity" (in edition of the Federal Law of February 3, 1996 N 17-FZ) (Sheets of the Congress of People's Deputies of RSFSR and the Supreme Council of RSFSR, 1990, N 27, Art. 357; Russian Federation Code, 1996, N 6, Art. 492; 1998, N 31, Art. 3829; 1999, N 28, Art. 3469; 2001, N 26, Art. 2586; N 33, of Art. 3424; 2002, N 12, Art. 1093; 2005, N 1, Art. 18; 2006, N 19, Art. 2061; 2007, N 1, Art. 9; 2009, N 9, Art. 1043; N 52, of Art. 6428; 2010, N 31, Art. 4193; 2011, N 27, Art. 3873) following changes:

1) in part two of Article 11 of the word "180 million rubles" shall be replaced with words "300 million rubles";

Article 11.2 to state 2) in the following edition:

"Article 11.2. Minimum size of own means (capital) of credit institution

The minimum size of own means (capital) is established for bank in the amount of 300 million rubles, except as specified, provided by parts four - the seventh this Article.

The size of own means (capital) of the non-bank credit institution petitioning for receipt of the status of bank on the 1st in which the corresponding petition was submitted to the Bank of Russia shall be at least 300 million rubles.

The license for banking operations granting to credit institution the right to perform banking activities with means in rubles and foreign currency, to raise in deposits money of physical persons and legal entities in rubles and foreign currency (further - the general license) can be issued to the credit institution having own means (capital) at least 900 million rubles as of the 1st in which the petition for receipt of the general license was submitted to the Bank of Russia.

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