The Agency on insurance of contributions (ASV) will sell by auction the assets of bankrupt banks. Told about it in interview to “the Russian newspaper” the Deputy of General Director ASV Oleg Baranov.

“We hope that thanks to the “live” auction, the property of liquidated banks will sell more. This is important because the faster and more expensive assets will be realized, the more money will be paid to the creditors, whose money is stuck in the accounts of the liquidated Bank,” he said.

The first auction should be held before the end of this year. Participate in it can and ordinary citizens. At the first auction will sell assets with a value up to 100 thousand rubles.

Going to sell the furniture, banknote counters, telephones, computers. Items more than 500 thousand rubles DIA has the right to sell only through electronic auctions.

According to Oleg Baranov, ASV performs the functions of a bankruptcy Trustee in 287 credit institutions, the aggregate book value of assets which is about 3 trillion rubles. The Agency is now
to sell property of bankrupt organizations through a public offer on its website.

The state Corporation “Agency on insurance of contributions”, created in December 2003, among other things, manages the Fund of compulsory insurance of deposits, which make contributions the participating banks and which paid out compensation to depositors if their Bank stopped working.

Banks, selectable insurance Agency contest for the reimbursement of depositors deprived of licenses of banks, insurance the victims from their funds and the DIA then compensate them for the amount spent.

ASV has the right to resort to financing the payment of insurance compensation at the expense of credits of the Central Bank, if the size of Fund of obligatory insurance of contributions will fall below 40 billion. The insurance Fund has steadily decreased since 2013, when the Central Bank began a sweep of the banking sector.

Recall last summer in the DIA estimatedthat since 2004, the Agency sued the bankrupt banks 1.5 trillion rubles, but managed to recover only 26.6 billion.

The carrying amount of the assets of the collapsed banks is more of 2.74 trillion rubles, and the real is estimated at 8.5 times lower – 322 billion. Thus potentially collect will only be 12% of the banks indicated in the financial statements.

The head of ASV Yury Isayev said that during the entire period of its existence, the Agency paid to depositors 1 trillion rubles. The situation with refunds to legal entities he considers “tragic”: companies manage to recover only 17% of funds, and private investors getting back about 70%.



ASV to be auctioned the assets of bankrupt banks 12.10.2016

Share this news

Share to Google Plus
Share to LiveJournal