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Non-resident share in charter capital of Russian banks 16% in 2006

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MOSCOW, February 16 (RIA Novosti) - The share of non-resident capital in the aggregate charter capital of Russian credit organizations on January 1, 2007 was 15.9%, against 11.15% a year ago, the Central Bank of Russia said Friday.

The bank said the increase was the result of greater investment by non-residents in the charter capital of Russian banks (81.8%) compared with the growth of the aggregate authorized capital of Russian banks (27.5%).

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