CBR Citibank compensate possible losses on interbank loans

Central Bank of Russia signed an agreement on partial compensation for possible losses on interbank loans (MBC) with Citibank, most of these banks is now 17. Told department external and public relations of Bank of Russia. CBR in the period from October 14, 2008 to December 31, 2009 (inclusive) may enter into agreements with credit institutions, under which the Central Bank undertakes to compensate for these organizations part of the losses (costs) performed during this period deals with other banks, who lost licenses . The corresponding norm is contained in the law on extra measures to support the Russian financial system. As of June 11, 2009 Bank of Russia has signed agreements with the following organizations: UniCredit Bank, Gazprombank, VTB, Alfa-Bank, Sberbank of Russia's International Industrial Bank, Nomos-Bank, Rosbank, Uralsib, Russian Standard Bank, MDM Bank, Bank of Moscow, PSB, Raiffeisen Bank, VEB, Bank Saint Petersburg ", Citibank. On Thursday, the regulator said that sent a proposal to conclude an agreement has nine banks. This URSA Bank, Bank Petrocommerce, TransCreditBank, Absolut Bank, Bank AK BARS ", Khanty-Mansiysk Bank, ING Bank (Eurasia), Orgresbank, Bank Zenit. As of June 1 under the agreements fall within the operation of banks from 371 credit institution - the borrower, including the 59 regional credit institutions located in St. Petersburg, Amur, Voronezh, Sverdlovsk, Kaliningrad, Kaluga, Lipetsk, Nizhny Novgorod, Novosibirsk, Omsk, Orenburg, Rostov, Samara, Tver, Tyumen and Chelyabinsk regions, Krasnodar, Krasnoyarsk, Perm, Primorsky, Khabarovsk Territories, as well as the Republic of Sakha, Bashkortostan, Komi, Tatarstan. During the contract period from 14 October 2008 to June 1, 2009 banks held 6.423 thousands of compensable transactions totaling more than 1.340 trillion. In May this year, interbank loans under the agreements received 126 credit institutions. In this case, the average daily amount of debt in May amounted to 19 billion rubles. Portal Bank.ru Materials Rihanna.