By September 1 money of small business will insure in banks

Small and the microenterprises won't lose money because of liquidation of bank.

It is ordered to extend a deposit insurance system of natural persons on small and the microenterprises. It follows from the list of orders of the president Vladimir Putin which is published on the Kremlin website.

As appears from the document, the head of the government Dmitry Medvedev and the head of the Central Bank Elvira Nabiullina are appointed responsible for instructions. It is necessary to execute the order on deposit insurance for small business by September 1.

We will note that this idea is discussed by the government and regulators at least 1,5 years. Elvira Nabiullina as the head of the Central Bank supported her as insurance can increase security of small business.