"Miraf-Bank", problems: license revoked, no payments made

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

It's getting harder and harder to trust your savings to banks. And the point here is not even in financial instability on a global scale, but in the next purges of the Central Bank. In this case, it is quite difficult to guess when the Regulator's Sword of Damocles will hang over your credit institution. This time, Miraf-Bank came under attack. We will discuss the problems faced by this financial institution, feedback from depositors and other information about the organization in this article.

Brief information about the bank

Miraf-Bank is a fairly large credit institution headquartered in Omsk. It was founded in 1997 and has never changed its name since then. Only the legal form of the company was changed. She was famous for her impeccable reputation and was never associated by her clients with various financial frauds.

Miraf-Bank (its license had not yet been revoked at that time) slowly developed its retail network, opening more and more representative offices in the largest cities and regions of Russia.

He was also actively involved in the development of corporate and retail business, offering a number ofstandard services for entrepreneurs and individuals. The bank's clients were mainly commercial and industrial enterprises, including companies from various service industries.

Several reviews about Miraf-Bank

When the financial institution was still operating, its customers often left positive feedback about it. For example, some borrowers liked personalized lending terms. Others were satisfied with high-interest deposit programs. Still others liked the professionalism of the organization's employees, who were happy to answer questions and quickly reacted in case of unforeseen situations. As you can see, Miraf-Bank (user reviews are an excellent confirmation of this) was a reliable and sought-after financial institution.

In a word, there were no signs of trouble. What happened to the bank everyone trusted? What are the reasons for his financial problems? And how did the regulator's commission check end?

Bank financial problems

According to most clients, they could not even imagine that their guarantor was experiencing any financial difficulties. For example, Miraf-Bank (Omsk) paid interest regularly, issued loans and touted new banking products.

It all started in December 2015, when one of the influential financial portals published on its website a message about the disconnection of Miraf-Bank from BESP payments.

At that time, the bank's customers did not yet realize the seriousness of the position of their favorite guarantor. Moreover, in the pressservice of the financial organization "Miraf-Bank" (Omsk - the city in which the head office of the company is located) continued to insist on complete control over the situation.

On the day the message was published, the press service of the bank made a statement about some misunderstanding in the program. At the same time, they insisted that all payments would continue to occur as usual. But it turned out to be much more serious.

The first "swallows" of bank instability: problems with the issuance of deposits

A few hours after the announcement of the bank's representatives, messages from outraged depositors began to appear on the forums. In most cases, their text was reduced to the fact that they do not work and do not send payments. Moreover, many clients were simply sure that Miraf-Bank itself was to blame for the situation that had arisen. Deposits, according to users, have ceased to be serviced. It was impossible to withdraw interest on them, and it was impossible to close the deposits themselves.

It is noteworthy that the bank employees themselves could not give an adequate explanation regarding the current situation. And that pissed off the customers even more. Panic mounted.

Miraf-Bank: problems (termination of payments on deposits)

From the end of December 2015, Miraf-Bank stopped issuing deposits. According to the new rule of the financial institution, residents of Omsk were allowed to withdraw no more than 10-15,000 rubles a day. It is by prior arrangement. However, larger amounts on deposits were simply frozen and refusedgive out even in parts.

On December 28 of the same year, Miraf-Bank (payments here could be made in national and foreign currencies) organized a global meeting. According to preliminary data, it took place at the main office of the joint-stock company (on Frunze street).

But even then, bank officials denied solvency problems. They assured all those present that the reason for the delays in payments was the change in the financial policy of the credit institution.

Among the possible reasons, according to eyewitnesses, the bank also called the unlawful panic of customers. It is because of them that Miraf-Bank does not make payments. This is due to the incredible number of requests from users that simply did not have time to process employees of the organization.

Then, employees of the joint-stock company strongly recommended to be patient and entrust the matter to professionals. Investors could only believe and wait for the final verdict.

Introduction of temporary administration in the bank

The situation was finally cleared up only after total checks of the bank began. Then, the regulator introduced a temporary administration. It was she who managed to discover the real reasons why Miraf-Bank does not make payments. One of them was the financial fraud of the management of the credit institution.

According to preliminary information, shortly before the introduction of the provisional administration, bank representatives sold assets worth more than 560 million rubles. And they did it in a hurry.

At the same timeMiraf-Bank (whose problems were just beginning) paid off debts in the amount of about 120 million rubles. Moreover, this money was received from some creditors and given to others.

Inventory and shortage detection

As a result of the inventory, new facts of violations of the bank were revealed. As it turned out, representatives of this financial institution tried to hide from the regulator the shortage of property in the amount of 288.53 million rubles. Moreover, a significant part of the amount was associated with the absence of bonds and bills, as well as loan agreements and other documentation.

In addition to securities in the Miraf-Bank organization (the company's problems are related to the illegal policy of the management), the audit revealed unaccounted for furniture, equipment, bills of exchange and transport. All of them actually "hung in the air" and were not listed anywhere.

During the audit, a huge “hole” was also identified in the budget of the joint-stock company, which amounted to 1 billion 512.8 million rubles. It was this amount that determined the difference between the size of the bank's assets and its liabilities.

Revocation of license from Miraf-Bank

According to the results of the work, the investigation commission made a lot of conclusions, clearly not in favor of the Miraf-Bank credit organization. As a result of the audit, the license was revoked, and the reputation of the joint-stock company was completely damaged.

According to official data, among the reasons that led to the revocation of the license were the following:

• repeated violation of federal laws and regulations;
• provision of incorrect andinaccurate data on the financial activities of the company;
• intermediary activity in money laundering of we althy citizens;
• investing in low-quality assets without creating additional reserves;
• default on obligations to creditors.

And so I lost the license of Miraf-Bank. Its branches, opened in Moscow, Omsk, Togliatti and other cities of the Russian Federation, were closed until further orders from the Central Bank.

Litigation and Bankruptcy Declaration

After the license was revoked, the Central Bank filed an application with the court, in which it demanded that the financial organization be declared bankrupt. As a result of the trial, which took place on January 24, 2016, the court declared Miraf-Bank insolvent. After that, the Deposit Insurance Agency announced its verdict. According to the statement, depositors of the bankrupt bank had to pay about 2.8 billion rubles in compensation.

Payments for depositors of a bankrupt organization

In order to avoid panic among depositors, the DIA representative office announced the start of Miraf-Bank's insurance payments due on February 4, 2016. At the same time, the amount of this compensation was to be 100% of the sum of all the depositor's accounts previously opened with the bankrupt bank. However, the remuneration received should not exceed 1.4 million rubles in total.

Depositors can receive the compensation established by the DIA until February 4, 2017. In this case, Rosselkhozbank took over the payments. At the same time, each depositor has the right to choose the most convenient for himoption to receive money (in cash or in the form of a transfer to the client's bank account).

In order to find out information regarding the addresses of the active branches of the agent bank, you need to call the hotline: 8 (800) 200-02-90. The order of payments can be tracked by publications made in the printed publication Komsomolskaya Pravda in Omsk.

At the moment, about 4,8 thousand individuals, as well as 150 medium and large businessmen, applied for compensation to Miraf-Bank. In the near future, the number of those wishing to receive compensation, according to representatives of the DIA, will increase significantly.