| After August crisis of 1998 the investment market has actually ceased to exist. Crisis has blocked access for Russian companies to the markets of the capital and has considerably lowered interest of the western investors to Russia . As a result all activities on securities market has stopped, having left investment banks not at affairs.
At the same time crisis has opened new opportunities to Russian banks. The majority of the investment companies have lost interest to Russia and have absolutely left Russian market or have reduced the representations. Thus in Russia became more skilled western and Russian companies trying strategically to position itself in the future through re-structuring of assets pending of the best market conditions.
Such contradiction between supply and demand has provided a number of opportunities to the local investment banks which have a professional command and corresponding experience. Nowadays we are tracing dynamics and tendencies of the share market of Russian enterprises and periodically carry out transactions in this segment of the share market. |