Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

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Sakhalin Branch of TRUST Bank was afraid of its clients

After the information appeared in the Sakhalin press about the reorganization procedure introduced by the Central Bank in relation to the TRUST bank, the bank branch in Sakhalin stopped answering phone calls, SakhalinMedia reports.

As Dmitry Chukseev explains, the vice-president of TRUST bank does not have information about the stoppage of the bank's branch operation on Sakhalin. The main office emphasizes that the procedure of sanation means the removal of management from the management of the bank, rather than its bankruptcy.

According to EastRussia, TRUST is experiencing serious financial difficulties due to the changed situation in the banking services market.

Yesterday, the CBR decided on the financial support of the bank from the state. TRUST Bank will now manage the State Corporation Deposit Insurance Agency, which, through loans from the Bank of Russia, will provide it with up to 30 billion rubles to maintain liquidity, which will restore the bank's ability to conduct uninterrupted settlements.

How things are with other Far Eastern banks can be found in the EastRussia news about influence of outflow of capital on the banking services market.

September 25: current information on coronavirus in the Far East
Digest of regional events and latest statistics