Problems of Mosoblbank: revocation of license. What will happen to the bank?

Back in 1992, under the name "Vatan" in Dagestan, a bank was created, which was later bought out and moved to the city of Fryazino, Moscow Region. Then it was renamed into Mosoblbank. In November 2011, the Central Bank of the Russian Federation banned him from accepting deposits from individuals who are not shareholders of the bank for six months. But this financial institution has bypassed this instruction. It gave each depositor its own share, without explaining to anyone what happens to Mosoblbank.

Start problems

The improvement of the liquidity of the bank, which was achieved thanks to raised funds, attracted the attention of the Russian Central Bank and the agency, which guarantees the safety of deposits. In January 2012, there began a large-scale verification, which helped to identify these machinations. Subsequently, the bank continued to attract customer funds, offering them one of the most attractive rates. In 2013, Mosoblbank, according to one of the authoritative publications, was able to enter into 30 reliable banks.

But in early May 2014 in the press there was information that about 60 billion rubles had been withdrawn from the accounts, for this fraudulent schemes were used. Despite the fact that the management filed a lawsuit to protect their reputation, problems with Mosoblbank have already begun. May 19, it became known that the CBR took a decision on the need for intervention in the affairs of the bank. Already on the 21st of the same month, a decision was made to conduct a procedure for its recovery.

Bypass Sanctions

As early as the beginning of 2013, Mosoblbank was given an order to restrict activities - it was impossible for him to open new branches for three months, and for six months his activities with natural persons and cash were restricted. Despite this, the management of the financial institution created a special system, thanks to which two accounts were maintained, there were two parallel balance sheets. That is, all activities were hiding from the Russian Central Bank, the problems of Mosoblbank could be hidden for a long time.

As a result, this financial company was able to attract 100 billion from its individuals to its accounts. True, only 1/5 of that amount was visible in the reports provided. It is almost impossible to understand where the remaining funds are located. Money was invested in utility companies, clinics, various enterprises. The bank had almost 70 thousand square meters. M real estate in the capital and regions, large allotments of land, mansions in the heart of Moscow.

Reasons for sanitation

Many at the time it seemed that there was no point in sorting out all the problems of Mosoblbank, it was much easier to revoke his license. But the owners of this institution have invested the stolen funds in assets that are difficult to implement. The agency, which deals with the return of deposits of individuals, would have to return to depositors a fairly large amount in rubles - 100 billion, and it would be unlikely to compensate it.

That is why to save money it was decided that it is better to sanitize Mosoblbank. The revocation of the license was not in a position to solve all the problems. But in the process of recovery the management was ordered to return the assets to a real balance.

Reorganization procedure

According to the decision of the Central Bank of Russia, the SMP Bank should deal with the procedure for the recovery of a troubled financial institution. He will work in tandem with the agency involved in deposit insurance. By the way, SMP Bank was entrusted not only by this financial company, but also by Inversionbank and Finance-Business Bank. The owners of all these institutions were the Malchevsky family.

To carry out the recovery procedure, the SMP Bank, which belongs to the Rothenberg brothers, planned a loan for 98.6 billion Russian rubles for a period of ten years. Under the CBR's plan, all the problems of Mosoblbank had to be resolved after SMP Bank had enough shares to make key decisions.

Of course, the sanator would like to see the liquidity of the bank at the beginning of the recovery procedure was better, because the bank had a huge number of liabilities and dubious assets, the cost of many of which was overestimated. But, on the other hand, SMP Bank had written guarantees from some former shareholders of Mosoblbank about the existence of their property, which can cover part of the obligations.

Destiny of customers

Of course, after learning about the problems, investors began to wonder what will happen to Mosoblbank. By investing at an attractive interest rate, they began to fear that they would not be able to return their deposits. Most recently, the newly emerged shareholders began to worry. When opening deposits, bank employees offered to buy shares of this institution, according to this scheme, about 3% of their total number was sold. And 97% is owned by SMP Bank. Citizens are most frightened by the fact that individuals purchased by individuals are not obliged to repurchase.

But ordinary investors do not have special reasons for concern. The problems of Mosoblbank are gradually being resolved, payments in this financial institution have already begun.

Stop activities

The main reason why customers are interested in what happens to Mosoblbank is the temporary suspension of payments and the issuance of deposits. However, it did not last long, in June the operations were resumed. However, many customers unreasonably experience because of the closure of a number of offices of the battery. It does not matter in which particular division of the bank the deposit was opened, the money will be returned to the relevant attached units.

And the client should not be bothered by the problems in Mosoblbank, they can choose any office that suits them (although it must be located within the same branch). Every citizen can change the place of his service upon application.

Terms of Business

To normalize the work of the sanatorium, a special program was developed, which should be guided by Mosoblbank. Problems today, of course, still remain, but the recovery procedure will help to remain this financial company in the market. The bank introduced a special work schedule, which provides, as well as in what amounts, money can be given to depositors.

Thanks to a pre-arranged procedure for issuing deposits and limiting the amount of daily payment, management wants to prevent panic and prevent citizens from withdrawing all available funds from their accounts. Also in the troubled bank, a list of documents to be provided for payment is specified. So the management wants to protect the controlled financial institution from possible claims from unscrupulous citizens who want to take advantage of the critical situation in which Mosoblbank is now located. The problems of 2014 have touched many, because in total, he has more than 300 thousand investors.

Procedure for receiving funds

The interim management of Mosoblbank says that the money is paid at the offices of offices on the day of circulation. But in practice it turns out that for payment it is better to leave the application and agree in advance the amount and date of its receipt. A day can get no more than 100 thousand. Larger amounts will be issued in installments.

To receive payment in rubles in the amount of up to 100 thousand it is enough to present a passport. To receive an amount exceeding the specified limit, you must provide the original contract that was entered into with the bank, and documents that can confirm the deposit of money. But in the event that the client wants to withdraw more than 700 thousand from accounts in the bank, then he needs to prepare all the documents described above, apply and be ready to wait a few days. Do not worry about what will happen to Mosoblbank, and think why he does not give all the contributions at a time. Large amounts are issued gradually, for receiving funds in full will have to come to the bank several times.

Features of activities during the crisis period

Taking into account the fact that the Central Bank made a decision on the rehabilitation of this financial institution, customers continue to actively use the bank's services. Fortunately sanatoriums, many did not succumb to panic and did not urgently break the deposit agreements, thereby worsening the situation in which Mosoblbank is located. The problems of 2014 did not affect the main activity too much. He also continues to attract deposits from individuals, although interest rates have been revised by the new administration in the direction of decreasing. Also since June, a commission was introduced to receive utility bills at a rate of 1%.

Currently, individuals are given loans, and for June 2014 they were issued by 35% more than during the same period last year. True, the issuance of loans to legal entities has not yet been renewed, although settlement and cash services are conducted in the same volume as before the beginning of the problems.

In the future, the interim administration expects to expand the client base of JSCB Mosoblbank. The revocation of a license is not threatened by them while continuing to conduct a competent sanation. The bank plans to improve the quality of services for various categories of individuals and legal entities, increase the total volume of operations, reduce possible costs and improve the level of its manageability. But it is not planned to conduct the procedure of joining to other entities or merging with other banks.