The "safety cushion" has accumulated more than 116 billion rubles

Paradox: deposit rates are falling, but people still have money in the bank. During the first half of this year the Deposit Insurance Fund was able to increase its assets by almost 20%. Now, in the main financial "cushion" of the country is 116.6 billion rubles. By the end of the year may be even greater - 125 billion - said the head of the structure Andrei Melnikov. In 2010 as compensation (if you go bankrupt a few credit agencies) planned to spend 6.5 billion rubles. Replenishment is due to member banks of the Deposit Insurance System. The maximum amount of compensation to the depositor is 700 thousand rubles. Growth Fund is due to increased confidence of the Russians to the banking system and the desire to increase their savings. This process takes place amid falling interest rates on deposit accounts. Now on contributions can earn no more than 5-11% per annum.