There are five main signs that a bank is about to collapse.
Lawyer Petr Gusyatnikov shared his opinion on when it is worth getting busy and withdrawing money from the bank in time.
In a conversation with the Prime agency, the senior managing partner of the law firm PG Partners listed the signs that clients should pay attention to.
Gusyatnikov believes that large banks are much more stable on the market. In case of a crisis, the state will always support them.
A sharp increase in deposit rates above the market average will indicate the bank’s unstable position.
According to the expert, clients should be wary if the organization limits the amounts of transfers or cash withdrawals. And also starts closing its branches.
The risk of collapse may be indicated by the bank's participation as a defendant in legal disputes. Criminal cases against the bank's management will also be an alarming signal.
A bank fails if it refuses to accept money from the public or does not transfer it to accounts in other banks.
Clients of the bank, which is part of the deposit insurance system, do not have to worry about their savings. In case of bankruptcy, they will get their money back up to 1.4 million rubles.
