OREANDA-NEWS. June 02, 2011. Sviaz-Bank has been added to the list of banks authorized to provide cash and settlement services under investment projects to which Rosnano JSC is a party, reported the press-centre of Sviaz-Bank.

The Bank now meets all criteria applying to providers of banking services to design companies involved in nanotechnologies. In late April 2011, the list contained 59 banks.

Companies set up under projects co-financed by Rosnano will have accounts opened to them subject to special maintenance terms allowing the use of investment funds to be monitored.

This service includes payment monitoring and verification of transfers from design companies’ bank accounts.

Rosnano JSC implements the government policy to develop nanoindustry in the role of a co-investor in nonotechnological projects showing a considerable economic or social potential. The government holds 100% of Rosnano’s shares of stock.