In Russia there are already enough banks that have one hundred percent foreign ownership; they feel very comfortable and are creating a normal competitive environment in the domestic market 2005-12-15 19:49:17 Banks that have one hundred percent foreign ownership should become Russian legal persons and operate according to Russian legislation. Vladimir Putin stated the above opinion at a meeting with Vladimir Potanin, Head of Interros Company. Vladimir Putin promised to support both national and foreign bankers in order to create a competitive environment and promote the development of the national banking sector. The day before a meeting on the bank sector's role in the regions' social and economic development was held in Novosibirsk.