OREANDA-NEWS. The Public Relations Center of the State Corporation “Deposit Insurance Agency” (DIA) informs that on December 4, 2013 payouts to insured depositors of the Master Bank started. Payment of deposit insurance is conducted through agent banks: the Sberbank of Russia and the VTB 24.

"During the first day of payouts about 23 thousand depositors came to the agent banks' offices. They were paid more than 8 billion rubles which is about 26 percent of all expected deposit insurance payments to insured depositors of the Master Bank", said DIA Deputy General Director Andrey Melnikov.

The payouts through the agent banks' offices will last till December 4, 2014. After this the deposit insurance will be paid either through the agent banks of by the DIA itself. The depositors will be informed about this in due time.