Date: 3 months ago   Category: Finance

Payments to investors of the Central European bank will begin no later than September 7 — Rambler News Service


Photo: Evgeny Biyatov/RIA Novosti of Payment to investors of the Central European bank will begin no later than September 7, 2018, the press service of Deposit Insurance Agency (DIA) reports. "Payments will begin no later than September 7, 2018. Before the specified date the agency will publish in the local press and also will post on the website the agencies … the official announcement with detailed information on the place, time, a form and an order of reception of applications on payment of insurance compensation to investors" — it is said in the statement. The Central Bank of the Russian Federation has revoked the license from the Central European bank on Friday, August 24. The credit institution is a participant of a deposit insurance system therefore clients of bank can count on compensation on accounts of 100% of the sum of all deposits, but no more than 1,4 million rubles. The sum of money which isn't compensated by an insurance will be compensated during liquidation of credit institution. The press service of DIA has noted that during payments of compensations the agency intends to address agent banks. They will be chosen no later than August 30. Clients of bank can file petitions for payment of compensations during the entire period of his elimination.

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