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Anyone from Russia? Banking question .. Anyone from Russia? Banking question ..
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Old 09-18-2008, 10:35 AM   #1
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Anyone from Russia? Banking question ..
Is there anything like FDIC insurance for russian bank depositors?
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Old 09-18-2008, 11:29 AM   #2
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yes, 100% if you have 100.000 rubles and 90% over 100.000 rubles but no more over 400.000 rubles in each bank. 1$ = 25.45RUB
for example
http://eng.sdm.ru/about_sdm_bank/dep...surance_system
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Old 09-18-2008, 12:27 PM   #3
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Originally Posted by RedGlamourStudio View Post
yes, 100% if you have 100.000 rubles and 90% over 100.000 rubles but no more over 400.000 rubles in each bank. 1$ = 25.45RUB
for example
http://eng.sdm.ru/about_sdm_bank/dep...surance_system
.. Thanks.
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Old 09-18-2008, 12:30 PM   #4
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The best Russian Bank is Deutsche Bank. They are to big to go under .... just my 2 cents worth ... LOL
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Old 09-18-2008, 12:32 PM   #5
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The best Russian Bank is Deutsche Bank. They are to big to go under .... just my 2 cents worth ... LOL
You mean the best German bank that has branches in Russia?
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Old 09-18-2008, 12:38 PM   #6
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You mean the best German bank that has branches in Russia?
Deutsche Bank is not a German bank anymore. They produce most of their revenue out of Germany (on purpose for tax reasons) and they are very well accepted among the riches in Moscow as well as is Dubai, NY and London as one of the most trustworthy houses.

They are like the BofA in Central Europe .... they are rock solid and to big to sink
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Old 09-18-2008, 09:25 PM   #7
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Sberbank or vtb24 or Alfa-bank better for Russia, I think. It's main banks.
http://www.sbrf.ru/en/
http://www.vtb24.ru/en/
http://www.alfabank.com/
I prefer vtb24 since 2000
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Old 09-18-2008, 09:59 PM   #8
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I think citibank is worth to check there
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Old 09-18-2008, 10:14 PM   #9
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ratings of Russian banks on 06.01.2008, deposits
http://www.allbanks.ru/ratings/?ratingType=deposits
can't find in English...
1 Sberbank
2 VTB24
...
5 Raiffeisen (Austria)
...
8 Alfabank
...
15 Citibank (USA)
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Old 09-18-2008, 10:24 PM   #10
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yes, 100% if you have 100.000 rubles and 90% over 100.000 rubles but no more over 400.000 rubles in each bank. 1$ = 25.45RUB
for example
http://eng.sdm.ru/about_sdm_bank/dep...surance_system
damn, thats less than $4k USD
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Old 09-18-2008, 10:26 PM   #11
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damn, thats less than $4k USD
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Old 09-19-2008, 12:18 AM   #12
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I am holding my money in deposit in Russian regional bank.
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Old 09-19-2008, 11:56 AM   #13
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I would buy content
banks can go out of bizz
but with content you can make money (send everywhere in the world)
content=gold
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Old 09-19-2008, 11:59 AM   #14
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A business associate of mine works at VTB and he says everyone there is very worried about the bank's future.
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Old 09-19-2008, 01:07 PM   #15
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Quote:
Originally Posted by faxxaff View Post
Deutsche Bank is not a German bank anymore. They produce most of their revenue out of Germany (on purpose for tax reasons) and they are very well accepted among the riches in Moscow as well as is Dubai, NY and London as one of the most trustworthy houses.

They are like the BofA in Central Europe .... they are rock solid and to big to sink
Hmmm. How is it not a German bank? Corporate headquarters are in Frankfurt and they are a member of the Association of German Banks.
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Old 09-19-2008, 11:55 PM   #16
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A business associate of mine works at VTB and he says everyone there is very worried about the bank's future.
I don't worry. There is some press companies who spread panic. But most ppl don't worry about banks. Everything is ok here
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