Most of the banks complied with the law on Deposit insurance is only partially


Summary data inspections, how well the banks complied with the law “On Deposit insurance” for 2016, published on the website of the Agency on insurance of contributions (ASV).

Such checks ACB conducts annually. Their goal is to evaluate whether accounting obligations to depositors if banks for seven days to form a registry of such commitments (required for payment of insurance compensation on deposits in case of revocation of Bank licenses). Also during the inspection of the DIA assesses the timeliness and completeness of payment of contributions to the Deposit insurance Fund and the quality of information to depositors about the Bank’s participation in Deposit insurance system. This time the audit has been a 63 player in 27 constituent entities of the Russian Federation in all Federal districts.

On the key issue of timely and proper formation of the register of contributors — in 2016 there has been some improvement in the situation. At the end of the year is absolutely true and in time was able to create a registry of 14.5% of the banks of the proven ASV sample, the report indicates the DIA. This is the best indicator for the last five years, when the DIA began to carry out such checks. By the end of 2015 this indicator was at the level of 10.5%, 2014 — 11%, 2013 — at 8.6% 2012 — 13%.

The vast majority of other banks from the current sample allows for irregularities in the formation of the registry. As indicated in the DIA report, this data inconsistency in the registry data of analytical accounting, and the inclusion in the register of information about individual depositors. Marks the entry into the register of persons not to be included, duplicating the record of depositors, the discrepancy between the information on the size of the Deposit in the registry and in the records of the Bank, incorrect or missing data on depositors, etc. These errors in the report the DIA described as insignificant.

Conventionally, best score

The first point that attracts attention in the statistics ASV, over time the share of banks, is forming the register, not much is changing, and its increase in comparison with 2012 amounted to only 1.5 p. p. Thus, the situation with the formation of the registry over time improves very slightly.

There are several reasons, indicate the banking market participants and experts. “One of them from banks is not affected — this change of passport data of citizens over time, for example, in the case of replacement passports age, and not the operational updating of the relevant database of the Federal migration service, which reconciled the banks,” — said Vice-President of FBK Alexey Terekhov. “The second reason — the human factor: wrong data type operating employees, and the bigger the pot, the higher the likelihood of errors,” says a source familiar with the situation around the examination of banks. This factor can not be avoided, he States. “It happens that the banks are not very accurate, for example, for the convenience of VIP-clients, they can open a Deposit by phone, and as a result may occur a mismatch in the dates,” — said Professor HSE Oleg Vyugin, but he calls mistakes unintentionally.

“Deliberate distortion of the registry of unscrupulous bankers also happens, but such cases are rare,” — says Alexey Terekhov. The only such example given in the report of the DIA, — Arksbank. “Arksbank at the time of inspection the current system of registration and the software was allowed to make the register only with significant deviations from the established requirements”, — the document says the Agency. As a result, after the revocation of the license of this Bank in the DIA statements of disagreement with the amount of the indemnity requested more than 39 thousand depositors.

Almost bugs

Although mistakes made by most banks, the ACB in its report, calls the insignificant, the negative effect they have. “First of all errors in the formation of the registry increase the time to fix it the staff of the DIA and as a result, the transmission speed of the registry agent banks, physically conducting payments,” — says Terekhov. ASV is now part of the insurance claim in 14 days, but don’t be error in the registers, it could be less, it would be better for investors, experts say.

For example, in the EU there is a Directive that requires to pay insurance to depositors within 20 days, but gradually, this period will be reduced to seven days by 2024, says the partner at Bain & Company Yegor Grigorenko. And here in the US, he said, “the law does not set a clear deadline, there is a requirement to pay “as soon as possible”, in practice this usually means up to two weeks.”

“With regard to the timing of payments, they are, in my opinion, you need to lengthen. Two weeks is too little, creates a risk of encouraging investors in the pursuit of inflated interest rates on deposits in banks unreliable,” says chief analyst of Sberbank Mikhail Matovnikov.

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