"Mast-Bank": revoked the license? "Mast-Bank": deposits, credits, reviews

One of the reliable financial commercial institutions, formed in 1995, is known in the Russian financial market as "Mast-Bank". Have we revoked the license from him or not, we'll figure it out further, but for now let's start with the story.

The main partners of the institution are private investors and small entrepreneurs, representatives of small and medium-sized businesses. Servicing of individual entrepreneurs is one of the developed areas of activity. In general, the financial institution offers the entire list of banking services, which both fully satisfy the needs of individuals, and are in the interests of entrepreneurs. There are a number of specific products.

A wide range of services

The branches of "Mast-Bank" in Moscow are not the only representative offices of the financial institution. The bank's customers have branches outside the capital, additional offices, operating cash desks and ATMs. Among the basic services of a commercial enterprise, it is possible to allocate money transfers and credits, deposit programs and registration of cards. It is about these opportunities that customers respond in the best way.

Like the major banks of the country, Mast-Bank has its own online service. Since 2005, the financial institution has been an official participant of the deposit insurance system (CER). This opens up opportunities in terms of providing dealer and brokerage services. Securities management and activities related to encryption of information are available. Customers note a convenient and flexible partnership scheme, as well as the availability of a wide range of banking offers.

Ratings of the rating agency

According to many rating agencies of the country, the reliability rating of Mast-Bank is relatively high. At the first stages, the institution had a high credit rating - at the A level, at the end of 2014 this rating was downgraded to B ++, which is also a worthy indicator of the institution's reliability. The agency's forecasts earlier determined this commercial enterprise as developing, today it is given a stable status.

Prestigious membership

A member of the Moscow Interbank Stock Exchange, a member of the Association of Russian Banks, an authorized representative of such payment systems as MasterCard Worldwide and VISA International are all MUST-BANK. Have they revoked the license from this institution? Fortunately, this is erroneous information, they have nothing to do with this financial institution. The enterprise both worked and works, it is a member of the financial communication interbanking community. Moreover, the institution is a partner of such money transfer systems as Unistream and Contact, Migom and Western Union.

Where did the temporary difficulties begin?

The discussions that the MAS Bank's financial institution were revoked were started because at the end of 2014, from December 16 to December 17, operative measures were taken to verify its activities. From official sources it became known that the Ministry of Internal Affairs and the FSB checked the bank, as he was suspected of involvement in illegal embezzlement of funds from the budget. On December 16 representatives of the authorized bodies completely seized all the servers of the financial institute, from where all the information was copied.

The panic rose due to a criminal case on the theft of funds for the construction of an oceanarium on the Russky Island, which the Construction Directorate in the Far Eastern Federal District was engaged in, and the construction of the Russian bridge across the Eastern Bosporus Strait, which was entrusted to the Mostovik NGO. Andrei Poplavsky and Oleg Shishov, managers of construction organizations, were detained by representatives of the TFR, they were also clients of the bank under consideration.

Unreasonable panic

In the period from December 16 to 17, against the backdrop of the general crisis and the sharp rise in the dollar's rate, panic began among investors. The main office did not work just one day, and depositors and partner banks began to actively withdraw their funds. Representatives of the bank even said that the financial institution does not work because of the lack of electricity, but this did not play a big role. As a result, long queues formed, and a large flow of applications caused some overlap in the work.

Rumors spread that the financial organization "Mast-Bank" was revoked a license, as well as that the bank is trying to borrow a large amount of funds in rubles from the Interbank market in rubles at 30% per annum. Both statements were soon disproved. The capital print media announced that only a few days remained before the license was revoked, as the Central Bank of the Russian Federation deprives the bank of the right to offer services on the domestic financial market due to illegal transfer of budget funds to the accounts of outside organizations.

How did it end?

The situation was completely resolved as early as December 29, when representatives of the authorized bodies stated that they had no complaints about the activities of the "Mast-Bank" organization. Reviews about the bank at this time began to appear negative. In accordance with the documentation that was withdrawn from the organization, she did not ask for loans at 30% per annum, no difficulties arose with her partner banks. Resentment was due to the fact that the financial institution could not pay the dollar deposits. As an alternative, he proposed the withdrawal of a foreign currency deposit in rubles.

The situation in the state financial market, when dozens of banks simply refused to fulfill their obligations and declared themselves bankrupt, makes it clear that the work of the institute (at the interest rate of the Central Bank of Russia in 17%) remained at a sufficiently high level, albeit not on impeccable. Authorized representatives of the bank confirmed the fact that during the period from December 17 to December 22, the offices of OJSC CB "Mast-Bank" were indeed crowded with customers. The reason for the phenomenon was not the temporary difficulties and suspicions of the government, but a sharp jump in the ruble exchange rate and desperate attempts by investors to save at least part of their savings. At peak times, work was done in the regular mode as much as possible.

Incredibly advantageous offer

Starting from December 2014 through March 2015, in spite of the ambiguous situation, Mast-Bank increased its deposits by almost 43%. The total amount of private investments amounted to 15.4 billion rubles. This figure contains the financial report of the institution. Almost 3.5 billion rubles increased private deposits with a duration of 91 to 180 days. The situation became the basis for the fact that the rating was raised from the organization "Mast-Bank" rating (reference from the official site of the institution). The reason for the surging funds was a high interest rate of 22%.

Favorable credit conditions

After the investigation, all services of the bank were resumed. Borrowers give good feedback on partnership with the financial institution. According to them, the partnership scheme is very flexible. Depending on the loan program, an interest rate of between 23% and 33% is available. The loan period is from 36 to 42 months. The maximum available amount of consumer credit corresponds to 250 thousand rubles. For entrepreneurs and businessmen there are unique programs.

Restrictions on the part of the CBR, or How the government regulates the inflow of deposits

In connection with a large inflow of funds, the CBR imposed a moratorium on the activities of the financial institution. The Bank is prohibited from accepting new deposits and replenishing existing ones. This preventive measure is temporary. The restriction entered into force on April 17, and the expiration date is scheduled for the end of May.

On the official website of the Central Bank of Russia there is an order that at the moment the financial institution has a valid license. At the same time, we note that for each of the contracts, automatic prolongation is in effect today in accordance with the previous terms of the partnership.

According to official data, by April 1, 2015, net assets amounted to 24.17 billion rubles. This indicator led the bank to 159 position in Russia. The capital is 3.2 billion. This indicator is calculated by the CBR. The loan portfolio is 16.36 billion dollars. The volume of obligations to the population corresponds to 15.38 billion. As a result of all of the above, it is possible to note the good performance indicators, which possesses "Mast-Bank". Deposits, loans, reviews about which are set up for a partnership, continue to attract consumers. It's still too early to talk about what will happen after the moratorium is lifted from the bank. It remains to wait for the end of May and follow the further development of events.