New Privatization Scheme Unveiled | Business | The Moscow Times:
"The Federal Property Management Agency is urging banks to give out loans to investors ready to purchase government assets as part of a new scheme to stimulate privatization, which has been slow to take off.
The loans provided by the banks will be backed by the privatized companies' shares, deputy head of the agency Ivan Aksenov told Vedomosti. He added that the agency is currently holding talks with top 20 banks on the details of loan agreements.
Under the proposed scheme the state does not aim to sell assets in large public companies but rather stakes in small and medium-sized businesses, Aksenov said."
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