Buyer`s instruction.
Transaction technology
The process of buying the bank usually divided into four stages.
1. The wording of criteria, search, preliminary talks, the choice of priority option - 1-2 months.
2. Test. As a rule, as verified current financial condition of the bank that it is necessary to clarify the amount of the transaction on, and his state of accounting and determination of the amount of tax and other fiscal risks - these are usually involved in auditing companies. It is also necessary to verify the existence of claims against the bank by the Central Bank, as well as its reputation in banking circles and security agencies - 1-2 months.
3. Registration and Settlements. As a rule, legally purchase arranged by 5 independent legal and / or individuals who must meet the requirements of the Ctntral Bank (if purchased more than 20% - must obtain prior authorization from the Central Bank) - 1-3 months.
4. Completion of the calculations and implementation of safeguards (from half to three years - includes substitution, withdrawal or disposal of assets and liabilities, replacing the Governing Council and the Bank, the transfer of cases and powers, the implementation of all commitments)
Thus, the process of buying takes from three months to six months (faster than two months to complete calculations on buying unrealistic!). The main problem with buying a bank, are usually not so much unaccounted when buying and / or neotrazhennye in the balance of obligations, how many fiscal risks, including the risk of license revocation and / or restrictions on activities which are usually, the more than more volume and variety of bank operations. Sometimes sellers offer guarantees for fiscal risks, but fully protect you against them can not.
What should know the buyer
1. Why he needs a bank (must be thoughtful business plan for three years). 2. Requirements for the bank: price, type of ownership, participation, the necessary licences, AC size, location, previous owners, infrastructure, premises, staff, client base, bank programs and technologies. 3. Who is personally responsible for implementing the project to purchase and Development Bank. 4. Who will be appointed Chairman of the Board Bank. 5. Who will be appointed Chairman of the Board (necessarily) and the chief accountant (preferably) - Both candidates should meet the requirements of the Central Bank. 6. Who will analyse the financial condition of the bank, auditing, legal verification of documents. 7. Who will be processed legal ownership of the shares (shares) Bank in accordance with the requirements of the Central Bank. 8. How and what assets should replace AC Bank during and after purchase. 9. Legislative and bylaws: 9.1. The law on banks and banking activity in Russia; 9.2. Instruction of Central Bank № 109 - I; 9.3. The situation of Central Bank № 268 - P; 9.4. The situation of Central Bank № 215 - P; 9.5. The situation Central Bank № 218 - P. 9.6. The laws of the Russian Federation Ltd. and JSC.
That is necessary, for beginig work with you.
1. Prepare a contract for services, including the necessary requirements to the bank: price, type of ownership, participation, the necessary licences, AC size, location, infrastructure, premises, staff, client base, bank programs and technologies, as well as power of attorney provided by the contract and confirmation of its solvency .
2. Calculate the economic standards for future shareholders on the Status of 218 - P (for individuals - 268 - P).
3. Fill out the on-line questionnaire.
4. Contact me by phone, e-mail or in person to meet and communicate the following additional necessary for the successful implementation of purchase information:
-- Who is personally responsible for implementing the project to purchase and Development Bank;
-- Who makes the final decision to acquire the bank and pays money ( "owner");
-- Who or what is a brand (a public official) buyer;
-- Who will be appointed Chairman of the Board Bank;
-- Who will be appointed Chairman of the Board;
-- Who will analyse the financial condition of the bank, auditing, legal verification of documents;
-- Who will be processed at the legal ownership of the stocks Bank in accordance with the requirements of the Central Bank.
5. Organize an audience with "owner"
6. The Agreement is signed and authorizing an advance list and to proceed with the project.
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