Sberbank of Russia has announced the tender among insurance companies for cooperation in the private insurance of bank’s customers. The bank would like to offer its clients new kinds of insurance, including insurance of deposits on the sum over 700,000 roubles, i.e. exceeding the deposit sum guaranteed by the State with accordance to the Federal Act № 177 “On the private deposit insurance in banks of the Russian Federation”.
Insurance risks include recalling or canceling Sberbank’s banking license or imposing the moratorium on satisfying bank creditors claims by the Bank of Russia.
Also Sberbank of Russia would like to suggest its cardholders to get insured the cash they withdraw from АТМ in Russia and their cards to be lost and used by swindlers (from the moment the card is gone and till the moment the card is blocked).
Sberbank of Russia
