Monday, March 10, 2008

DIA has found additional funds for banks

DIA has found additional funds for banks

Since July Deposit Insurance Agency intends to reduce deductions banks in a bid deposit insurance fund from 0.13 to 0.10%. If the board of directors will support the proposed liberalization of ASV, the fees in the deposit insurance system, banks will be able to save billions of roubles. But experts fear that the desire to support the banking market in the period liquidity crisis itself can increase the risk of deposit insurance.

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