The state Corporation “Agency on insurance of contributions” (Russian Federation) and “Agency on insurance of deposits” (Republic of Serbia) signed a Memorandum of understanding and cooperation. About it it is spoken in ASV message.
From the DIA Memorandum was signed by General Director of DIA Yuri Isaev, from the AOD – Chairman of the Board of Directors Srdjan Mihajlovic and the Deputy Chairman of the Board Vladimir Medan. The ceremony was also attended by the Chairman of the Supervisory Board AOD Milos Jankovic, DIA leaders.
“The signing of the Memorandum will allow our state organizations responsible for Deposit insurance and liquidation of banks in Russia and Serbia, to expand the possibilities of bilateral cooperation. Mutual consultations, exchange of opinions and experience will contribute to the further development of our relations in the sphere of protection of Bank depositors and strengthen the banking systems of the two countries based on international standards and best practices,” said Yury Isaev.
During the meeting the sides discussed issues of practical interest for the development of the Deposit insurance systems of both countries taking into account international best practices. The parties confirmed their intention to develop bilateral cooperation and interaction in areas of mutual interest, including payment of the insurance indemnity, the conduct of liquidation procedures in banks, risk management and awareness of depositors.