Rus News Journal

22 more banks participate in system of insurance of contributions

At session of committee of bank supervision of Bank of Russia on September, 28th 2004. The decision on removal of the positive conclusions on conformity to requirements to participation in system of insurance of contributions on 21 credit organisations was accepted.
as informs department external and public relations of Bank of Russia, the conclusion are accepted on following banks:

Joint-Stock Company the First Navigable bank
Open Society VostSibtranskombank
bank Nalchik (Open Company),
Joint-Stock Company AKB caucasus - Gelios
AKB Novokuznetsk municipal bank (Open Society),
AKB Vorkuta (Joint-Stock Company),
AB ORGRESBANK (Open Society),
Open Society FONDSERVISBANK
Open Society AKB SAROVBIZNESBANK
OIKB Russia (Open Company),
Open Society Omsk - bank
Open Society Omskpromstrojbank
Open Company the Don national bank
Open Company potentsialbank
Joint-Stock Company it is new bank
Open Society veb - invest bank
Open Company the Neva bank
Open Society Grankombank
AKB Zareche (Open Society),
Open Society KB Torzhokuniversalbank
KB STROJLESBANK (Open Company).
At session the decision on granting of the licence for attraction in contributions of money resources of physical persons to roubles and foreign currency to Open Company bank " also is accepted; investitsionno - credit bank which has addressed for reception of such licence for the first time. According to the current legislation, the specified bank also becomes the participant of system of insurance of contributions.
Thus, number of banks on which the committee of bank supervision has accepted on September, 28th 2004. Positive decisions on participation in system of insurance of contributions, makes 22.
Following session of committee of bank supervision of Bank of Russia on consideration of the next group of petitions of banks is supposed to be spent roughly on October, 5th 2004.
the Department external and public relations of Bank of Russia reminds that the Committee of bank supervision of Bank of Russia plans to continue work on removal of the conclusions (as a rule - at weekly sessions) according to FZ About insurance of contributions of physical persons in banks of the Russian Federation (item 45, ch. 3 and 8): under the first petitions - till March, 27th 2005., and under repeated petitions - till September, 27th 2005.
we Will remind, the first positive conclusion following the results of consideration of petitions of 26 banks about their conformity to requirements to participation in system of insurance of contributions of the Central Bank has taken out on September, 21st 2004.
the List of these credit organisations:
Open Society agroinkombank
Open Society EATPBank
incorporated bank Bezhitsa - bank (Open Society),
Joint-Stock Company Bank Vologdabank
Joint-Stock Company Bank Vologzhanin
Open Society NAB the Far North
Open Society KB Hlynov
KB the Kuban universal bank (Open Company),
KB the Poppy - Bank (Open Company),
Open Society AKB EVROFINANS mosnarbank
Open Society Bank the Russian standard
the CRAB novosibirskvneshtorgbank (Joint-Stock Company),
Open Society Sibacadembank
Open Company KB Belon
Open Society AKB Stella - bank
Open Society MetraKomBank
Prio - Vneshtorgbank (Open Society),
Joint-Stock Company AKB Zemsky bank
Open Society KB Solidarity
AKB Toljattihimbank (Joint-Stock Company),
Open Society AKB Smolevich
Joint-Stock Company AKB avtogradbank
KB the EXPRESS TRAIN - Tula (Open Society),
the Credit Ural Mountains Bank (Open Society),
Open Society Chelindbank
Open Society CHeljabinvest - bank .
we Will notice that acceptance of this or that bank in system of insurance of contributions at all does not mean that the banks which have entered it earlier, have higher financial indicators, and entered later - lower. All banks which have entered system of insurance of contributions, to any day specified above the period answer the criteria established FZ About insurance of contributions of physical persons in banks of the Russian Federation and instructions of Bank of Russia from 16. 01. 2004 N1379 - At About an estimation of financial stability of bank with a view of its recognition sufficient for participation in system of insurance of contributions .
we Will remind that spring of the demand for the introduction into system of insurance of contributions have submitted 1137 of 1277 banks operating at that point in time.
now in Russia two systems of insurance of contributions work. The first has been accepted at the height of summer bank crisis. For calm of the public deputies of the State Duma have passed the law on which at bankruptcy of all commercial Russian banks the state guarantees to investors payment to 100 thousand rbl. Meanwhile this law not termless - in two years it will lose force. That contributions of private banks guaranteed not only the state, but also the private traders, all Russian commercial banks should enter into system of insurance of contributions.