The transition of Russian commercial banks to the international accounting standards is to be completed on January 1, 2004, said Sergei Ignatiev, the Russian Central Bank's chairman, speaking at the 12th congress of the Russian Banking Association. Not only banks, but also non-credit organizations are to carry out the transition, he said.
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After it turned out that Deputy Prime Minister Andrei Belousov included the Fonbet betting company in the list of backbone enterprises that can count on state support, everyone started talking about these bookmakers.