Date: 7 months ago   Category: Finance

Payments to investors of Uraltransbank and "Allied" will begin no later than November 8 — Rambler News Service


Photo: Ilya Pitalev/RIA Novosti of Payment to investors of Uraltransbank and Soyuzny bank will begin no later than November 8 of the current year, the Deposit Insurance Agency (DIA) reports. Agent banks will be selected on a competitive basis no later than November 1, 2018. The DIA has specified that investors can count on insurance payments of 100% of the sum of own bank accounts, however their size in total shouldn't exceed 1,4 million rubles. The sum which isn't compensated by an insurance will be repaid during liquidation of credit institution. Calculations for currency deposits will be made at the rate of the Bank of Russia for October 25, 2018. Today, on October 19, the Central Bank has revoked the license from Uraltransbank and Soyuzny bank. According to data of the reporting, in size of assets as of October 1, 2018 credit institutions took the 196th and 239th places in a banking system of Russia respectively.

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