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Insurance payments to Kamchatkomagroprombank depositors will start receiving February 14 - EastRussia | Far East

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Insurance payments to Kamchatkomagroprombank depositors will start receiving February 14

The Deposit Insurance Agency will start paying reimbursements to customers of the Kamchatkomagroprombank deprived of their assets no later than February 14. For this purpose, agent banks are used, which will be selected on a competitive basis no later than February 7.

Each depositor, including an individual entrepreneur or a legal entity, is entitled to receive insurance compensation in the amount of 100% of the total amount of all accounts, but not more than 1,4 million rubles in total. According to the press service of the Deposit Insurance Agency, for bank accounts in foreign currency, the amount of compensation will be calculated in rubles at the rate set by the Bank of Russia on the day the insured event occurs.

On the eve of the Central Bank of Russia deprived PJSC Kamchatkomagroprombank of its license on the implementation of banking operations. In its activities, signs of withdrawal of liquid assets were traced, more than 70% of the loan portfolio was formed with doubtful and problem loan debts. At the same time, the credit organization systematically underestimated the amount of accepted credit risk.