Russian Orthodox bank called for by Moscow Patriarchate

The Very Reverend Archpriest Vsevolod Chaplin

Russian Orthodox bank: A senior official from the Moscow Patriachate has called on  several secular regional leader to participate in the establishment of an Orthodox Christian financial system and bank. Vsevolod Chaplin of  Moscow Patriarchate’s department for communications between the Church and Society has written to the  governors of the Belgorod, Kemerovo and Pskov regions, the constituent republic of Mariy-El and the Stavropol territory to provide organisational assistance to the effort and to invite the Orthodox business community to join in theproject. “The main distinctive feature the Orthodox Christian bank will have is that it won’t issue loans or open deposits,” he said. “Its main objective will be to act as a mediator between Orthodox investors. Hopefully, the Orthodox bankers will offer to form the banking capitals on the basis of gold in the future.” ITAR TASS