UPDATE 1-Russia extends privatisation banks list

(Adds details, background)

MOSCOW, Dec 24 (BestGrowthStock) – Russia has extended a list of
banks that will advise the government on its $32 billion
privatization plan, including UBS (UBSN.VX: ) and Citi (C.N: ), a
government decree showed on Friday.

Russia plans to sell 1 trillion roubles ($31.9 billion) in
state assets, including top banks and energy and infrastructure
companies, over the next three years to help plug a gap in the
budget and lure investors.

For a list of state assets to be sold, see [ID:nLDE6AG1BQ]

Russia’s leaders need cash as they struggle to get the
country out of its worst recession in 15 years and ratchet up
growth ahead of the 2012 presidential election, in which Prime
Minister Vladimir Putin, a former president, has hinted he may

The following is the full list of the companies that will
advise the Russian government on privatisation. Banks 11-23
were included in the new government decree that extended the

1) Credit Suisse’s (CSGN.VX: )

2) VTB Capital, a Russian investment bank

3) Deutsche Bank (DBKGn.DE: )

4) VEB Capital, the investment banking unit of state
Russian bank VEB

5) JP Morgan (JPM.N: )

6) Merrill Lynch (BAC.N: )

7) Morgan Stanley’s (MS.N: )

8) Renaissance, a Russian investment bank

9) The Auction House of the Russian Federation

10) Goldman Sachs

11) Alfa-Bank, Russian privately owned bank

12) Barclays Bank (BARC.L: )

13) BNP Paribas SA (BNPP.PA: )

14) Gazprombank, banking arm of Russian gas monopoly
Gazprom (GAZP.MM: )

15) Troika Dialog, Russian privately owned investment bank

16) Royal Bank of Scotland (RBS.L: )

17) MDM Bank, Russian privately owned bank

18) Raiffeisen (RBIV.VI: )

19) Sberbank (SBER03.MM: ), Russian state owned bank

20) Societe Generale (SOGN.PA: )

21) Citigroup (C.N: )

22) UBS (UBSN.VX: )

23) Unicredit (CRDI.MI: )
(Writing by Gleb Bryanski; Editing by Gary Hill)

UPDATE 1-Russia extends privatisation banks list