A little-known Arksbank increased the volume of deposits at 3800%

In the first quarter of 2011 29 Russian banks were active policies to attract contributions of Russians. Some lending institutions have managed to show growth in the hundreds of percent, Kommersant writes. The newspaper reviewed the records of banks and found that due to attractive interest on deposits in the first quarter of this year to substantially increase the volume of deposits by organizations such as Arksbank (up 3,800%), Benefit Bank (700%), RFI Bank (600%) and others. In turn, the Deposit Insurance Agency (DIA) has promised to notify the Central Bank about the credit institutions, which have sharply raised interest rates on deposits. DIA refers to a sad example of Multibank, who gathered for the quarter 1.5 billion rubles and disappeared, shoulder all the burdens of the DIA for damages to investors.