Return for investing Deposit Insurance Fund resources at 12.1% for 2010 - DIA
MOSCOW. Feb 8 (Interfax) - The rate of return on investing resources from the Deposit Insurance Fund came to 12.1% for 2010, Russia's Deposit Insurance Agency (DIA) said in a press release.
As of February 1, 2011, the Deposit Insurance Fund came to 120 billion rubles. The fund will reach 130 billion rubles after the transfer of profit from investments (estimated at 10 billion rubles) in the fund's resources for 2010 in the first quarter of 2011.
As of February 1, 2011, 48% of the funds were invested in corporate bonds, 26% in Federal Loan Bonds, 11% in bonds issued by subjects of the Russian Federation, 7% in stocks and 6% in deposits with the Central Bank of Russia. Cash accounts for 2% of these investments.
As of February 1, 2011, a total of 909 banks were involved in the deposit insurance system, including 77 banks currently going through liquidation owing to insured accidents, as well as 13 banks that have lost their right to open new individual accounts and raise new deposits.
The population has placed 9.8 trillion rubles in banks involved in the deposit insurance system.
Throughout the deposit insurance system's existence, a total of 100 insured incidents have been recorded. The DIA's total obligations for paying insurance claims came to 37.8 billion rubles. As of February 1, 2011, 245,600 deposit holders (28.3% of total deposit holders at banks were insured incidents took place) had applied for insurance claims. A total of 35.86 billion rubles (94.8% of the amount) were paid in these claims.