OREANDA-NEWS.  February 13, 2012.  The State Corporation “Deposit Insurance Agency” (Russia) and the Deposit Guarantee Fund (Ukraine) concluded Memorandum of Understanding and Cooperation. The document is aimed at developing bi-lateral interaction in the areas of enhancement of national deposit insurance systems, contributing to the Russian Federation and Ukrainian banking systems’ stability, including strengthening public confidence in banks operating on both countries’ territory.

Exchange of practical experience in managing deposit insurance systems including exchange of information, organization of bi-lateral research and educational conferences and seminars, and establishing joint working groups – will become main areas of mutual cooperation. Moreover, the parties agreed to conduct professional and public discussions on issues relating to deposit insurance system activities, cooperation in the public relations area, and organization of staff training programs.