Print The Bank of Russia revoked the license for banking operations in Moscow Bank “BFG-Credit”, the report says the regulator.
When a poor quality assets “BFG-Credit” adequately evaluated adopted risks. Proper credit risk assessment and objective reflection of the value of assets in the credit institution reporting led to the complete loss of the capital, according to the Central Bank.
Earlier, on 27 April, the Bank of Russia introduced a three-month moratorium on satisfaction of creditors of the bank “BFG-Credit” . April 12 the Central Bank introduced a temporary administration in the bank, the primary task of which was to conduct the bank’s survey to determine its objective financial situation.
“The number of bank clients include the country’s largest mass-media structures, enterprises of the defense-industrial complex , the construction and housing sectors, known dealers, trading enterprises and institutions of the social sphere “, – stated on the website of the credit institution. Previously, through the Bank “BFG-Credit” paid the salary of employees of ORT and RIA “Novosti”.
According to the reporting by total assets Bank “BFG-Credit” (Ltd) on 1 July 2016 held the 99th in the Russian banking system.
As of May 1, 2016 the amount of deposits of the population, including individual entrepreneurs, on bank accounts was 22.7 billion rubles.
The Bank is a member of the system deposit insurance. Withdrawal of the license for banking operations is an insurance event. Deposit Insurance Agency (DIA), in accordance with the law through authorized banks will begin paying the depositors no later than August 10, 2016 to each depositor, including individual entrepreneur (SP), is entitled to receive as soon as possible insurance compensation.
The insurance indemnity is paid to the depositor in the amount of 100% of all its accounts (deposits) in the bank, including open for business activities, but not more than 1.4 million rubles. In total. The amount is not compensated by insurance, will be repaid during the liquidation of the bank as part of the requirements of the first stage of the creditors (accounts for the IP, open for business activities, – in the third line).
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