ASV: the Balance in the insurance Fund amounts to 163 billion rubles
The unused balance of the Fund of obligatory insurance of deposits currently stands at 163 billion; if necessary, the Agency on insurance of contributions (ASV) will apply for a loan from the Bank of Russia, informed the Agency “Prime” the General Director of DIA Yuri Isaev.
Central Bank of the Russian Federation from July 10 imposed a three-month moratorium on satisfaction of requirements of creditors of the Bank “Ugra” and laid on the DIA the functions of the provisional administration of the Bank a period of six months. As stated on Monday, the Chairman of the Central Bank Vasily Pozdyshev, the regulator sees signs of unreliable statements of the Bank and suspects the credit institution in the withdrawal of assets and the manipulation of the deposits.
Payments to depositors of the Bank “Ugra” will be one of the biggest insurance cases for the period of clearing the banking system, stated in the CBA. According to the Bank of Russia, deposits in the Bank “Ugra” on June 1 was estimated at 180 billion rubles to 170 billion rubles of which are insured in the Deposit insurance Agency.
According to Isaev, currently the debt limit before the DIA, the Central Bank is 820 billion rubles from the Central Bank actually received 657 billion. In this case the unused balance to 163 billion rubles.
“We must bear in mind that as a rule, the choice of the agent banks paying compensation, they go for the advance payment, giving the DIA a delay of up to 3 months. The advance payments subject to the future receipt of contributions to the insurance system will allow to cope with the load without additional loan”, – Isayev said on the sidelines of the International financial Congress.
“If it is clear that the existing limit may not be enough, we will promptly refer to the Board of Directors of the DIA with the request to support the appeal to the Bank of Russia to increase the limit,” – said the head of the Agency.
Isaev pointed out that the DIA recently experiencing a significant load on your Fund. All happened more than 400 insurance claims 3.3 million depositors received insurance compensation in the amount of more than 1.5 trillion rubles. “I want to note that all the payments are regular, in a timely manner,” he added.
“As for debt – it exists, the system does Fund at the expense of the Bank of Russia, one way or another in the near future this dependence will continue,” – expects Isaev.
The head of the Central Bank Elvira Nabiullina said on 12 July that a final decision on the future of the Bank “Ugra” has not yet been made, the regulator will take a decision on the results of the work of the interim administration.