Sverdlovsk Region division of Russia’s Federal Antimonopoly Service is to resume looking into Case 85 involving OAO AKB Investbank’s GRAN subsidiary and Yekaterinburg branch of OAO Voyenno-Strakhovaya Kompaniya, an insurer. The two companies are accused o violating Article 11 (part 1, paragraph 5) of the Competition Protection Act.

OAO AKB Investbank and OAO Voyenno-Strakhovaya Kompaniya reportedly signed a cooperation agreement on life and property insurance of customers willing to get a loan at the bank in order to buy some real estate.

The FAS division believes this agreement might result in infringing disadvantageous contract terms upon the borrowing/insured party when the latter tries to insure the risks related to losing his or her property rights over an apartment.