The Central Bank has found a way to solve the problem of hidden deposits in banks


The Bank of Russia is looking for a way to solve the problem with off-balance sheet deposits, said the head of the Central Bank Elvira Nabiullina, speaking in the Duma for the consideration of the annual report of the Central Bank in 2015. One option is to provide citizens with the opportunity to check whether their funds are reflected on the balance sheet of the Bank.

“This problem has two components. There are banks, which on the eve of the revocation of the license just destroyed the database. This problem we solved legislatively with the ability at any time to request from the Bank a backup copy of base of investors”, — said Nabiullina. But lately, the Central Bank is faced with another problem, she added. “If the banks are fraudsters, that is, take the money and do they not brought (and with such cases we started Dating), then after the backup, we simply will not see. We think about the mechanism how to give citizens a way to verify that he recorded in the account” — quoted Banks.<url> words of Nabiullina.

She recalled the need to keep all documents on the contribution and a statement, but noted that many are already accustomed to electronic ways of interacting with banks. “And we need to give technology to the depositor could check whether it reflected the money in the account or not”, — said the Chairman of the Central Bank.

To receive payment may, if the client kept the Bank documents and statements, added Nabiullina. “But this is not all stored documents. It is necessary to give the technology that will help to check on the account these funds or not,” she said.

In parallel with this, the Central Bank is considering the possibility to use a simpler procedure for the inclusion of off-balance savers in the registry, said the first Deputy Chairman of the Central Bank Alexey Simanovsky. “The Bank of Russia believes that this can be done not through the courts, and by providing all necessary documents confirming the opening of the Deposit”, — he said.

The largest scheme cover-up deposits was identified in the Mosoblbank, which attracted deposits of the population and brought them out for the balance. The Bank deposits were unaccounted for the sum of 76 billion rubles, the Central Bank decided to sanitize the Mosoblbank last spring, giving it SMP Bank and allocating a financial improvement of more than 100 billion rubles.

Also off-balance sheet deposits were discovered in the Bank “Moscow Lights” (in the amount of RUB 1 billion), the Bank “Zamoskvoretsky”, in the Novosibirsk branch of the Bank of project Finance and in dig-Bank (900 mln.). Investors Orenburg nst-Bank, which has lost the licence of the Central Bank on 16 November, also faced problems in obtaining insured deposits. They can’t get a refund because the size of their claims does not match with the one specified in the register of payments or the data on the deposits are completely missing in the registry.

In may 2016, the depositors of the three banks were missing their funds on the accounts of Stella-Bank, Miko-Bank and Grossinvestment. Only the DIA received more than 2 thousand applications from “undocumented depositors”. According to the obtained ASV registries, investors Stella Bank needs to obtain 447,9 million rubles, investors Miko-Bank — 650 million rbl., Grossinvestment — 1.5 billion rubles. However, many depositors of these banks faced problems in obtaining their funds. For example, about 4 thousand investors Grossinvestment did not find information about their deposits in the Bank’s register. Guide Grossinvestment fraudulently attracted 3.5 billion rubles from the population, which is more than twice the amount of the deposits reflected in the financial statements of the Bank, followed from the announcement of the Central Bank. “In addition, the analysis of the electronic database of the Bank conducted by the provisional administration, showed that immediately before the revocation of the license of unidentified individuals carried out actions that led to the destruction of information about transactions on deposits”, — said in a press release.