"Mosoblbank": problems and reviews

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

In 1992, the commercial bank Vatan began operating in Dagestan. After it was bought out by bankers Viktor and Roman Krestin, the financial institution moved to Fryazino and changed its name to Moscow Regional Bank. In subsequent years, the composition of shareholders changed several times. 97.94% of the credit institution is owned by OJSC Republican Financial Corporation, the rest is distributed among individuals. Alexander Malchevsky owns 70% of OJSC, and his father Andrzej ran the bank until 2011.

Development history

In 2005 Mosoblbank was admitted to the system of insurance deposits. This made it possible to increase the number of divisions to 400 in just two years. The quality of management is also evidenced by the fact that in 2013 the bank "adopted" more than 1,000 ATMs, seven hundred terminals and 4,000 POS-terminals, which served customers with Visa and MasterCard cards. In 2011, we launched our own money transfer system - "MOPS".

Start of trouble

Mosoblbank's problems started back in 2011year. Then the Central Bank forbade accepting deposits from individuals for six months. The management was not at a loss and began to offer their shares for a meager amount. Even then, experts had a question about how a financial institution manages to pay such huge interest on deposits.

In August 2012, Izvestia published reports. Mosoblbank had the highest rate - 19.3%. Management immediately denied these data in official sources. The bank continued to attract funds from economic entities at a frantic percentage. This could not but affect the level of his development.

Key financials

In 2013, the "National RA" gave the bank the highest credit rating - "A +". 61.9% of its net assets included loans to small and medium businesses. There were still 4.8% of investments in the Central Bank. The bank financed 81% of its liabilities using funds raised from individuals. The total amount of reserves is 9%. The amount of capital is 18.8 billion rubles. Mosoblbank acted as a donor on the interbank market. With such indicators, he took 8th place in Russia and 7th in Moscow.

Mosoblbank: problems in 2014

2014-07-05 Vedomosti reported that through one of the largest and most successful banks in Moscow, 60 billion rubles were fraudulently withdrawn to the accounts of subsidiaries. The management of Mosoblbank immediately denied this information and filed a lawsuit with the Moscow Arbitration Court against the owner of the newspaper.

2014-19-05 The media reported that the Central Bank decided to sanitize three institutions at once: Mosoblbank, Inresbank and Finance Business Bank. All of them belong to the Malchevsky family. The Central Bank will allocate 117 billion rubles to solve the problem. sanatorium - SMP. An official statement appeared a couple of days later, followed by information in the press about money laundering schemes.

How it happened

During the investigation, the Central Bank revealed a dengue laundering scheme. Mosoblbank, having restrictions from the regulator, continued to attract deposits. But he did not place them on the accounts, but brought them to the balance of related companies.

Technically, the scheme is as follows. In the afternoon, a normal deposit agreement is concluded with the depositor. In the evening of the same day, the bank unilaterally terminates it, and transfers the money off the balance. The depositor may at any time claim them back. But on the balance sheet they will not be visible. According to the financial results of 2014, the bank attracted deposits for a total of 19.5 billion rubles. This figure has not changed over the past two years. Due to the atypical situation, DIA payments may be several times higher than the amounts reflected in the balance sheet. During the reorganization, the former owners - the Malchevsky family - will transfer all their assets to SMP. Mosoblbank does not recognize problems and issues related to money laundering.

How it all started

It is possible that no one would have known about the fraud, if not for the case. One of the depositors of Mosoblbank turned out to becentral bank officer. He noticed that the deposits issued the day before were withdrawn in full in the branches of neighboring cities. As the investigation later showed, every night specially launched software terminated contracts and entered into new ones for investments in shares of RKF OJSC, the main shareholder of the bank. The further fate of the money is unknown. Part of the funds was found on the accounts of LLC "Rus". This is an equestrian park. Investment, it must be said, is dubious. Payback period - 15 years. The Central Bank is now looking for solutions to the problem that the Deposit Insurance Agency is waiting for, and the police chose to withdraw themselves.

The credit institution almost broke the record in the allocated amount of rehabilitation. In 2008, the Central Bank sent VTB 295 billion Russian rubles for the rehabilitation of the Bank of Moscow. And here are the problems that Mosoblbank and its sanators are experiencing today: in the register of depositors, some of the real names have been replaced by fictitious ones. The DIA will have to conduct an additional investigation. This will invariably increase the balance sheet gap.

Customer reviews: Mosoblbank

The problems of a financial institution are being actively discussed on the Internet. In June, information appeared that the bank was not returning deposits. But not all. The ban includes deposits opened later than 2014-01-02 (for an amount of more than 700 thousand rubles). "Mosoblbank" explains the problems with payments on deposits by carrying out the reorganization procedure. According to the new regulation, if the amount of funds does not exceed 700 thousand rubles,then the client can withdraw only 100 thousand per day. Otherwise, you need to write an application to the bank. It is considered by a special commission. At this time, the contract and primary documents are checked, which confirm the fact of receipt of money to the account. At the same time, such applications are not accepted by branches in all cities.

This innovation caused a lot of indignation from customers. The situation is further aggravated by the incompetence of the staff. This is especially true of subsidiaries of the financial institution Mosoblbank (Samara). Customer problems in this city are the most common. Outraged people literally flooded the Samara branch of the Malchevsky's brainchild with complaints.

So, for a long time, the bank accepted utility bills without commission. But according to customer feedback, things have now changed. Many people complain that the sign with the size of the commission appears after making banknotes at the self-service terminal. In this case, in case of refusal to make a payment, the amount of funds deposited in the terminal will not be returned. To any complaints on this issue, the employees assure that this cannot be. If the client refuses to pay, the bank will return the money to him. But there are few people who want to check this statement by risking the amount of 6,000 rubles.

Mosoblbank is trying to solve the problems that have arisen this year in different ways. In particular, many clients complain that they cannot receive money even on a bill. Investors who terminatedeposit agreement before its expiration date, they generally do not receive money. Bank Mosoblbank explains problems of this kind by the actions of a sanatorium. Since the SNP cannot compile a register of depositors in any way, the financial institution cannot return the money.

CV

One of the largest Russian banks came under the reorganization of the Central Bank. As a result of the investigation, it was revealed that the financial institution took 60 billion rubles off the balance sheet. This amount was transferred through the accounts of RFK OJSC to the balance of dubious enterprises. Now DIA is trying to compile a correct register of depositors, and clients are trying to withdraw money from the bank.