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Agency for deposits’ insurance starts paying clients of banks whose licenses were revoked

The indemnity is payable to every client in the amount of maximum 700,000 rubles ($21,297)

MOSCOW, December 13. /ITAR-TASS/. Russia’s state-run Agency for deposits’ insurance will begin paying money to clients of Investbank, Smolensky bank, and Project Finance Bank no later than on December 27, the agency reported on Friday.