Feb 25, 1998, 12:01 AM
News Code: 9120895
0 Persons
russia in appear may rival bank savings to network banking new a -- irna/itar-tass/acsna 25, .feb moscow, in emerge may bank savings giant ex-soviet the to rivalry a pose the in some by backed agency, securities federal a as russia to alternative an for yeltsin boris asked have staff, presidential .savings individual deposit main administration's the and commission securities federal the which network a that yeltsin to letter a in said directorate legal the in investment individual boost could mail by returns send would if year a half in established be could network the .economy russian dmitry head fsc service, mailing russia's over controls gets fsc the .said letter, the co-authored who vasilyev, in investment individual raise to taken are measures urgent no if and market bond short-term state the from revenue the economy, the the and planned, than lower much be will 1998 in privatisation the in investment foreign and domestic lure to fail will government .warned document the run, long russia's to thrown be will dollars billion one least at said it .project the of result a as 1998-2000 in securities state for market 1998 in industry into poured be could dollars million 500 another in dollars billion 1 to up to increase to amount this with alone, .1999-2000 bic/jh end