The Deposit Insurance Agency reports a loss occurrence regarding Tyumenenergobank starting December 4, 2008.

Tyumenenergobank’s provisional administration has started working on the list of the bank’s liabilities involving its depositors. The list will be placed with the Deposit Insurance Agency within seven days of the bank’s license being annulled.

Then, the agency is to publish the information regarding the place, time, and format of placing applications for compensation within seven days of getting this list. The news will be announced via the Bank of Russia Bulletin, the local press, and the agency’s official website. All the depositors on the list shall also be advised in writing.

The payment procedure is to begin within no more than fourteen days of loss occurrence. The information regarding the application procedure will probably be published on December 18, 2008.