January 28, 2014, 17:12 / Finance

"My Bank" does not service cards

As Vedomosti learned, in this way he is trying to prevent the fragmentation of deposits Tatyana Voronova Anastasia Agamalova

Maxim Stulov / Vedomosti

As of January 24, My Bank suspended servicing cards, a person close to the bank’s board knows. He does not predict how long the bank’s cards will not work; he explains the decision by saying that the bank is trying to prevent the splitting of deposits. Vedomosti was told by the bank's contact center that they had not received information about the introduction of a ban on cash withdrawals. A bank employee on the phone assured that a technical update of the system was being carried out, and therefore the cards would not work until the end of this week.

At the bank branch on Kashirskoe Highway, it was clarified to the Prime agency that on Friday SMS messages were sent to all clients about a complete ban on cash withdrawals. “It was previously assumed that they would withdraw it on Monday, but they didn’t. No deadlines have been set yet,” a bank employee explained to the agency.

Since mid-December, the bank suspended accepting deposits from the public and introduced restrictions on cash withdrawals from current accounts and deposits - 20,000 rubles. per day in hand on a first come, first serve basis. At the end of December, the portfolio of retail deposits decreased from 12.7 billion rubles. up to 9.5 billion rubles, follows from the bank’s reporting.

Since August, the bank has had a restriction on accepting deposits, and later the Central Bank also limited deposit rates, says Vedomosti’s source. Later, the restriction on rates was lifted - there was a risk that deposits worth 5 billion rubles, which expired at the end of the year, would not be renewed and these funds would be claimed by depositors, and the liquidity situation in the bank was already very difficult. In addition, the regulator ordered the bank to create more than 2 billion rubles. reserves based on the results of the audit, but in the end the volume of the Central Bank's requirements was reduced to 62 million rubles. thanks to the efforts of the new owners, he says.

However, later problems began with the loan portfolio, he recalls: “Problems were discovered with collateral for a number of loans, as well as with wealthy investors - there was simply no money to pay them.”

Now My Bank is experiencing difficulties with liquidity and capital. Since December 12, he has accumulated a file of unmade payments worth 2.2 billion rubles. Vedomosti sources close to the bank and the Central Bank claim that the difference between the value of the bank’s assets and liabilities ranges from 8 billion to 12 billion rubles.

The bank has been actively working with wealthy clients, who are now asking the regulator to help the bank. Last Friday, the banking supervision committee discussed the situation at the bank, but did not make a decision on its fate, said a person close to the committee and two people familiar with the details of the discussion. “My Bank” sent a reorganization plan to the Central Bank, Vedomosti’s interlocutors said. The rescue of the bank, they say, is being lobbied by its famous and influential depositors, including Nikita Mikhalkov and Sergei Glazyev.