Rus News Journal

Velkombank has lost the licence

Banks
Bank of Russia has made the decision to withdraw licence for realisation of bank operations at Velkombanka (Stavropol Territory, Pyatigorsk), is told in materials of Bank of Russia. As informed last week in Velkombanke the scheme of masking of its distress by means of nonexistent securities, " was found out; confirmed fictitious extracts from depozitariev. The decision on licence withdrawal is accepted in connection with default by Velkombankom of federal laws and statutory acts of Bank of Russia, sufficiency of the capital below 2 %, decrease in the size of own means (capital) below the minimum value established for date of the state registration of the credit organisation, and also considering numerous application within one year of the measures provided by the law About the Central bank it is told in the message of Bank of Russia. In Velkombanke the acting administration is appointed, powers of executive powers of bank are suspended. Velkombank is the participant of system of insurance of contributions. As it is marked in a press - Agency release on insurance of contributions, payments will begin not later than March, 12th, not later than March, 2nd banks - agents for payments of compensation to investors will be selected at competition. Velkombank following the results of 2011 occupied 687 - e a place on the size of actives in renkinge Interfax - TSEA the volume of means on accounts of physical persons made on the beginning of year, by data renkinga, 747,3 million rbl.

the Insurance companies
Ingosstrah will reveal before minoritarijami
Arbitration court of Moscow has rejected the statement of the insurance company Ingosstrah Which demanded to nullify the instruction of Federal Agency of the financial markets (FSFR), obliged the company to present to minority shareholders contracts with interest, prisoners Ingosstrahom in 2009 - 2011, has informed on Tuesday to agency RAPSI/ rapsinews. ru the representative of court. He has specified that the corresponding decision has been taken out by court on February, 27th, the motivation part of the decision is not published yet. FSFR has taken out the specified instruction on May, 5th, 2011, having inspected under the statement of the companies Vega the New capital and the Investment initiative supervised PPF Investments and actions owning about 38 % Ingosstraha .