The damage from criminal actions of the managers and owners of Russian banks since 2005 has exceeded $ 550 billion. For the first time the Agency on insurance of contributions (ASV) on a study of the activities of the liquidated and reorganized credit institutions, according to “Vedomosti”. The Agency appreciated the work of over 500 banks, over half of which have already been eliminated.
The value of assets in the liquidated banks on average only 10 per cent of their book value. More than 80 per cent of cases the causes of the bankruptcy are criminal in nature and related to withdrawal of assets when questionable, economically unjustified operations, which are conducted with the knowledge or in the interests of the owners of the banks, caused considerable damage, the survey says.
The investigating authorities opened a 284 criminal cases involving the infliction of damage to banks by their managers and owners, production is 210 cases. According to the results of investigation of criminal cases handed down 49 convictions against the owners, managers and employees of financial institutions. Of these, 20 occur in 2014-2016.
DIA tries to compensate for the damage by lodging a complaint about his compensation, as well as attracting controlling individuals to vicarious liability. Only the Agency stated requirements totaling 164 billion rubles, the courts satisfied the claims for 97 billion rubles.
Mass closure of Russian banks began in 2013. The Central Bank decided to improve the banking sector by removing from the market of credit organizations, whose activity is questionable. Most often licenses are revoked due to the violation of normative acts of Bank of Russia AML / CFT legislation and for conducting high-risk lending policy.
With the beginning of the year, the Bank of Russia revoked the licenses of 26 banks. Over the past year the number of such banks amounted to 93. According to the forecast of the savings Bank, about 10 percent of Russian banks in 2016 will lose the license of the Central Bank.
