Russian Economy News: Central Bank Deputy Chairman: The “hole” in the capital FCRB amounted to more than 20 billion rubles

Saturday, July 2, 2016

Central Bank Deputy Chairman: The “hole” in the capital FCRB amounted to more than 20 billion rubles – RIA Novosti

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17:12 01.07.2016

(updated: 17:30 01.07.2016 )

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PETERSBURG, July 1 – RIA Novosti / Prime . commitments deprived FCRB Bank’s license for more than 20 billion rubles higher than the value of the bank’s assets, said deputy chairman Mikhail Sukhov.

The Bank of Russia on July 1 revoked the license to conduct banking operations in Moscow FCRB Bank.

“the Hole” (. capital FCRB – ed) has not changed: it was more than 20 billion rubles for the insurance cover of less than 17 billion rubles, so we did not see the financial recovery options, some proposals on this subject, “- Sukhov said reporters on the sidelines of the International financial Congress.

in April, the Bank of Russia introduced a moratorium on satisfaction of creditors’ claims FCRB a period of three months. The decision was taken due to the fact that the bank just does not satisfy the claims of creditors on monetary obligations.

The Central Bank noted that a moratorium on satisfaction of creditors of the bank is the insured event. Payments to depositors of the bank, including individual entrepreneurs, were scheduled not later than 14 days from the date of the moratorium.

Earlier, the Central Bank has introduced a temporary administration in FCRB Bank and its functions entrusted to the Deposit Insurance Agency.

in terms of assets, according to RIA Rating, the bank held on April 1, 2016 125 th place in the Russian banking system.

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