As stated by the head of Agency on insurance of contributions Yury Isayev of the St. Petersburg international economic forum, during its existence, the Corporation paid customers of banks that lost their licenses, 1 trillion rubles. All insurance payments received 2.5 million people. How long can the DIA, if the Central Bank continues to revoke licenses of credit institutions, “MK” asked the experts.
photo: Natalia Muslinkina
Nikita Kulikov, Executive Director Heads Consulting:
“The scale of the activities of ASV, the amount of 1 trillion rubles doesn’t look so huge, especially considering that, according to the DIA, the payments on the average be less than 70% of the deposits of natural persons and in around 17% of accounts. Thus, in absolute terms, we can say that 1 trillion rubles of payments – it is about 50% of the total debt. And when you consider that a legal entity, usually a solvent, it may turn out that $ 1 trillion is about 35-40% of the actual debt. The figure, though huge, but it is best to DIA. Undoubtedly, when saving is taken ASV the course and pace of contributions from banks and banking organizations may not be enough, and the Central Bank will have to seek additional reserves for its completion”.
“The DIA is an important part of the Russian banking infrastructure and its stability is not in doubt. First, the largest part of the contributions falls on the largest banks, so the risk of a drastic reduction in income is not de facto. Second, the monetary authorities were quite obvious tools of granting of liquidity facility in the form of loans from the Central Bank. Accordingly, the mechanism of work of the Central Bank is stable and not causing concern regarding their reliability. In the case if the Fund will come to an end, it is not excluded that the authorities can consider the question of reforming the entire system. For example, increasing the load on the participants. This is the question of prospects of work of system of insurance of deposits.”Related posts: