Bank “Russian capital” has received 10 billion rubles of state support

The Agency on insurance of contributions (ASV) has increased the capitalisation of its subsidiary Bank “Russian capital” by 9.94 billion rubles this is stated in the message on the website of the DIA. The capitalization of “Russian capital” passed through the purchasing Agency preferred shares of the Bank and paying their Federal loan bonds OFZ. The purchase agreement was signed on 15 December, the report said. Thus, the “Russian capital” has received another batch of state support.

As he wrote in late November, the newspaper “Kommersant”, it is the Unallocated balance of the program of state support of banks through Federal loan bonds. Of 9.9 billion rubles was previously intended the Bank “Ugra”, but in the end he is not involved.

The state program of capitalization of banks through Federal loan bonds with a volume of 1 trillion rubles was adopted in late 2014. Banks participating in the program have pledged to increase lending at least 1% per month.

The capitalization of “Russian capital” of 9.9 billion rubles planned. The decision was taken by the Board of Directors of the DIA in October. Prior to that, the Agency concluded three contracts for the purchase of preferred shares for Federal loan bonds, in the amount — of 14.36 billion rubles December 9, ASV has decided to capitalize “Russian capital” about 1 billion rubles.

ASV is engaged in sanitation “the Russian capital” since 2009. From the latest Bank reporting under IFRS follows that during the year its loss was increased by almost two times. For the first nine months of 2016, it amounted to 8.47 billion rubles in the same period of 2015 — 4.34 billion rubles