Frozen deposits of Sberbank. Can they freeze deposits? How secure are deposits in Russian banks?

Sberbank is one of the largest banks not only in Russia, but also in the CIS. It has the largest network of branches, offers a complete list of investment and financial services. Since the period of 2012, the main shareholder of the financial institution is the Central Bank of Russia, which owns 51% of the shares. About 40% of shares are the property of foreign companies. The financial institution acts as the dominant link in the financial policy of the country and one of the main creditors of the state.

Digital Statistics

It is too early to say whether the deposits of Sberbank customers can be frozen. The statistics of the financial institution speaks of a very positive direction of affairs. So, by March 1, 2015, the assets of the institution amounted to 21.945.67 million rubles. This indicator led Sberbank to the first position among other institutions of the banking sector. The capital of the Institute, which was calculated in accordance with the standards of the Central Bank of the Russian Federation, is equaled to 2.224.53 billion. As for the loan portfolio, its size is 14.970.52 billion rubles. Obligations taken before the population of the state are 8.391.53 bln.

What does the management say?

Despite the difficult economic situation in the country, those deposits in rubles, which Sberbank has frozen after 1991, are still planned to be paid in the previously established regime. Developed a year ago, the three-year plan no one is going to adjust. The project of the federal budget laid the sum of 50 billion rubles for each year to compensate for deposits between 2014 and 2016. After the adoption of the law on the protection of household deposits, the state assumed full responsibility for payment of deposits, which had to be completely frozen during the "Pavlovian" reform in 1991. In accordance with the document, deposits had to be converted into securities.

Debt of the bank to depositors

The domestic debt of the state, in accordance with the amount of savings, in 2012 was 27.7 trillion rubles. This figure was announced by the Ministry of Finance. In the period from 2005 to 2011, payments were systematically made to citizens of a certain category. In total, the frozen deposits of Sberbank decreased by 365.5 million rubles. Beginning in 1996, Russians received 441.6 billion rubles.

Legislative basis of payments

Frozen deposits of Sberbank will be gradually paid until 2016. Payment will be made to persons until 1945 of birth. Money can be obtained by the heirs of the latter in the amount of three times the balance as of 1991. If earlier the depositor or his heirs received partial compensation, it will be deducted from the state's principal debt. If the deposit was officially closed in 1991 during the period from June 20 to December 31, compensation for it is not relied upon.

Residents of Russia, whose birth year from 1946 to 1991, will receive compensation for their deposit in a double size. The volume of payments will be calculated individually according to a certain coefficient, it depends on the duration of the deposit. If the depositor died in the period from 2001 to 2014, and the amount of his deposit was more than 400 rubles, the heirs can receive from the state about 6 thousand rubles for the payment of funeral services. Starting from 2014, all investors will be able to receive deposits regardless of the year of their birth. The fulfillment of the state's obligations in full is planned for 2020.

Retreat to legislation

Citizens of the state who expect compensation, should know that deposits in rubles Sberbank does not return in certain circumstances. For financial rehabilitation can not count:

• Depositors and their heirs, who, living on the territory of the Russian Federation, do not have citizenship.

• Depositors and heirs, who do not currently reside in Russia or are citizens of other states.

Payments on deposits that opened on the territory of states formerly members of the USSR are conducted by the governments of those same states and in strict accordance with the legislation in force on their territory. Information on compensation for damage is entered in the savings book. Such a serious approach to their obligations to depositors makes a reflection on whether Sberbank can freeze deposits in 2015, irrational and premature.

What deposits does the bank offer today?

The financial institute continues to work actively. There is a wide range of proposals not only for foreign currency deposits in Sberbank, but also for deposits in rubles. Despite the reduction in rates, the range of offers remains very wide. Today, the clients of the financial institution have access to new deposits of Sberbank:

• Replenishable . The deposit can be opened in euros, in rubles and in dollars. The minimum payment is from 1000 rubles, 300 dollars and 300 euros. The duration of the deposit is from three to 12 months. If desired, the deposit can be replenished by 1000 rubles, for $ 100 or euro, it all depends on the currency. For the ruble deposit, 5% is proposed, for the dollar - 4.15%, for the euro - 3.85%.
• Special . The duration of the deposit is from 3 months to 3 years. The minimum contribution is thirty thousand rubles, 1,000 dollars or euros. The proposed interest on the ruble deposit is 4.85%, on dollar - 5.3%, on euro - 4.75%.
• Accumulative . This deposit with a minimum contribution of 30 thousand rubles at 6%. The interest itself may vary depending on the amount of the deposit and its duration. The duration of the deposit is 24 months. Additional fees from 1000 rubles are allowed.

The most recent offers made by Sberbank of Russia are trust deposits and "Give life", multi-currency and universal. Everyone will be able to find the best investment format for themselves, but whether to agree to a partnership, we will deal with this issue below.

Advantageous offers for pensioners

As part of Sberbank's policy, there are very interesting proposals for people of advanced age. You can mention two deposit formats:

• Pension in rubles with an interest rate of 6% . The minimum payment is 1000 rubles, and the duration of the deposit is from three months to two years. You can not withdraw funds from the account and replenish the account. If the opportunity to replenish the account is open, the interest on the deposit is 5%.
• Pension plus . This contribution is only for pensioners with an initial capital of 1 ruble and the possibility of replenishment also from 1 ruble. The interest rate is 3.85%. The partnership term is 36 months.

Prospective investment of capital, or One side of the coin

Over the past decade, the entire domestic banking system has undergone drastic changes. This concerns not only development, but also degradation. In parallel with the expansion of the range of services, there was a general closure and bankruptcy of financial institutions. Those institutions that managed to survive the crises of 1998 and 2008, in 2015, surrendered their positions. The most common service is deposit registration. Sberbank of Russia deposits are not the most profitable, but they are several times more reliable than private commercial organizations.

How about a bet?

If you look at the question of the size of the rate as an attempt by the bank to attract as many investors as possible to keep afloat, then Sberbank's policy wins against the general background. It was reported that the bank recently cut rates to support its liquidity. This fact has greatly upset the investors and caused a wave of indignation from the public. People are also interested in the question of whether Sberbank can freeze deposits. We can not give an unambiguous answer here, we can state only the fact that at the moment the financial institution fully fulfills its obligations to clients, albeit with small hindrances. Against the backdrop of bankrupt fellows, negative feedback about which is ubiquitous, it is a good option.

Bad story

Sberbank, while acting as the most reliable domestic bank, its history does not give many potential investors peace of mind. Frozen in 1991, the contributions are of concern to contemporaries. The question as to whether foreign currency deposits freeze or not, everyone is on hearing. People are worried about the repetition of history. On the other hand, financial institutions such as the "Financial Initiative" and "PSA", "Finance and Credit" and "Terrabank" completely abandoned their obligations due to lack of capital. All the manipulations of the government and management personnel have not yet produced results. If you consider the new contributions of Sberbank, you need to take into account the fact that the financial institution enjoys strong government support. He never gave up his duties and even today is trying to fulfill his duty to the contributors of the past.

Some interesting moments

If you look at the statistics, it is Sberbank, deposits of individuals in which are constantly increasing, is the most reliable and unshakable. If there is a default in the country, which is unlikely, the financial institution will be closed last. Owning 51% of the shares of the institution, the government is trying to support it with all its might, systematically carrying out capitalization, and the frozen deposits of the Savings Bank of 1991 are paid even today after preliminary payment of funds to the country's budget. When planning cooperation with a financial institution, it is worth paying attention to the following points:

• Interest rate, which is an order of magnitude lower than that of competing structures.
• It makes sense to invest in Sberbank deposits of individuals in the amount of 700 thousand rubles, as they are completely covered by insurance agency.
• If you plan to deposit a small amount on a deposit and for short periods, it is better to do it in a small commercial establishment. There, and the percentage is higher, and the probability of bankruptcy in such a short time is almost completely excluded.

What difficulties did the bank face today?

There are no claims regarding the payment of deposits to the financial institution. Moreover, the frozen deposits of Sberbank are systematically paid from 1991. Small problems can arise when withdrawing large sums of money, and even then not in terms of refusing payments, but in the aspect of having to order money in advance. In December 2015, the bank's clients received information that ruble and foreign currency deposits will freeze for the holidays. The financial institution did the same - it blocked access to the accounts of its customers from December 31 to January 5. After the specified time, the functional was restored. Such a manipulation of the financial institution was forced to hold because of sharp currency surges, and such a confluence of circumstances is not a harbinger of problems. Fixed minor disruptions in work in the online office and in the field of translation. Delays in receiving payments and delaying transfers were noted. As for deposits, there are no claims to the financial structure at this time, therefore it is not worth considering seriously the question of whether deposits can be frozen.

Are deposits in domestic banks safe?

All deposits in domestic banks are covered by the Deposit Insurance Agency. In accordance with the law, each holder of a deposit in the event of bankruptcy of a financial institution may receive compensation in the amount of 700 thousand rubles if the contribution is equal to or greater than the amount. There is information that in the last month the amount of insurance payment has been doubled and now amounts to no less than 1 400 000 rubles. It does not make sense to worry. Both ruble and foreign currency deposits in Sberbank are well protected by law. If you take into account the actual economic situation in the country, you should avoid storing your capital in one financial institution, even the most reliable one. Sharing the available funds between major market participants can perfectly diversify the risks. Even if some deposits in banks freeze, interest on others will almost completely block all losses. Sberbank can become a worthy participant in the investment portfolio, but not the only place for the accumulation of all free capital.