Wednesday, June 1, 2011

Bank robbed investors 98.68% of the invested money

Banking Community in shock: a similar case in Russia was not observed. Story happened to "Udmurtinveststroybankom, general manager of funds of bank management (OFBU)" Basic ". Thus, even on July 31 the bank had 112.6 million rubles. And by 29 August there were only 1.3 million rubles, Vedomosti. Still unclear, with associated such losses, and the bank has managed just one month to lose 98.68% of the total money stock. And though in most of the credit institution refuse to comment on the situation, fund managers are optimistic. According to them, they will likely return to investors losing everything in 3-5 years and then for two years. So, on its website the bank said that recovery will happen "with the help of complex trading strategies, which in six months showed a stable average yield of 10-20% per month. In addition, "Udmurtinveststroybank offers investors to work together and accelerate the recovery of its own shares, carrying an additional cash contributions to the fund." Meanwhile, the banking community is perplexed. Some wonder how Udmurt bank could lose as much money in such a short time, the other amazing concept of the bank, because "half a year - not any time for inspection strategy, others do not understand where the central bank watching. Like, he is the main regulator of the question with "Udmurtinveststroybankom" is in its jurisdiction. But more recently, bankers were confident that this situation will not happen again. Recall the fall of 2008 a similar story is Uniastrum bank. " Then clients fund lost 80-90% of the funds.

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