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National Interests: Priorities and Security
 

Bank Deposits as the Major Invesment Tool

Vol. 5, Iss. 2, JANUARY 2009

Available online: 23 September 2009

Subject Heading: Dangers and security

JEL Classification: 

Yakubov Kh.Yu. Vice President – Financial Director of the First Republic Bank

Ivanova S.A. Press Secretary of the First Republic Bank ;

On December 9, 2008 press-centre RBC hosted internet-conference of the First Republic Bank of Bank Deposits as the Major Invesment Tool. During the conference, the bank's work during the financial and economical crisis was analysed. It was mentioned, that the bank obligations portfolio is highly liquid, it is included into the Lobard List of Central Bank, and this allows for fast resources mobilisation in unstable period of September and October. The bank rates В3, according to Moody's, and thus can participate in unsecured auctions of Central Bank. Thelimit is large enough, the bank never stopped transactions or payments on deposits …

Keywords: finance, economy, crisis, bank deposit, investment tool, auction, limit, payment

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ISSN 2311-875X (Online)
ISSN 2073-2872 (Print)

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