Date: 8 months ago   Category: Finance

Payments to investors the FEAST of Bank will begin no later than October 26 — Rambler News Service


Payments to investors capital the FEAST of Bank will begin no later than October 26, 2018, the Deposit Insurance Agency (DIA) reports. Agent banks will be selected on a competitive basis no later than October 18 of the current year. The DIA specified that investors will receive insurance payments of 100% of the sum of the bank accounts, however their size in total should not exceed 1,4 million rubles. The sum which the insurance does not compensate will be repaid during liquidation of credit institution. Calculations for currency deposits will be made at the Central Bank rate for October 12, 2018. Today, on October 12, the Central Bank the FEAST of Bank revoked at Moscow the license for banking operations. According to data of the reporting, in size of assets as of October 1, 2018 the bank took the 296th place in a banking system of Russia.

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