Depositors need not worry: in the Russian Federation prohibits lower rates

Finansy18-10-2007 More recently, many members of the developing Russian market of banking services to feel completely free, not only overestimating rates in comparison with the world several times, but hiding the effective lending rates, sometimes - arbitrarily changing the terms of transactions with customers and, in general, in every way to earning a traditional loyalty and lack of awareness of Russians. However, thanks to the efforts of the Government, the Central Bank and the Federal Antimonopoly Service, whose job was to consider the interests of the public (of course, not without pressure from the latter), recently the situation is rapidly improving. The foundation was laid with the creation of a Russian deposit insurance system (in fact, an analogue of the U.S. Fed), which guarantees citizens the return of up to 100 thousand rubles of investments (now - up to 400 thousand), in the case of bankruptcy of their chosen bank. Then, in 2004, Russia at the same time get rid of the set is simply criminal "banks" that do not work for "white" financial market, but served only as a sign for "black" and gray turnover.