Seller`s instruction.

Transactions Technology

The process of selling the bank usually divided into four stages.

1. Preliminary estimate of the value of the bank, the language requirements to potential buyers and investors, their search, conditioning, preliminary talks, the choice of priority options, legal harmonization schemes transaction, preparing and signing a preliminary agreement - 1-6 months (more so than more Bank).

2. Checking bank, agreeing on a final Net asset value, with the cancellation of the balance of assets, at cost which is not found consensus with buyers, preparing legal documents for the transaction - 1-6 months.

3. Registration and Settlements - 1-3 months (if required prior authorization for the transaction Central Bank, for example, with sales in the same hands over 20% stake in the bank, then to 6 months).

4. The final calculations (unfreezing of deposits) and the implementation of safeguards - up to three years.

Thus, the process of selling the bank takes from three months to three years (faster than three months to complete calculations on sale unrealistic!). The main problem in selling the bank, usually a low liquidity market and the possibility of using bank buyer in the future in the illegal transactions that might adversely affect the reputation of the seller and its staff.

What should know the seller

1. The state of the market, Bid and Offer ratio, prices dynamics.

2. Real Net asset value of its bank, broken down to basic components: the cost of the loan portfolio, the value of the portfolio of securities, property values, the value of liquid assets, total liabilities.

3. What assets can be safely withdraw from the bank balance before the transaction.

4. Which groups of buyers may be interested in his bank.

5. Who designed the legal rights of ownership of stocks and how the bank conducted its disposal.

6. Legislative and bylaws:

6.1. The law on banks and banking activity in Russia;

6.2. Instruction Central Bank № 109 - I;

6.3. The situation Central Bank № 268 - P;

6.4. The situation Central Bank № 215 - P;

6.5. The situation Central Bank № 218 - P;

6.6. 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 characteristics of the object sold: the price and type of licenses, the percentage of stocks sold; calculate real market value of Net assets of its bank, broken down to basic components: the cost of the loan portfolio, the value of the portfolio of securities, property values, the cost of liquidity assets, total liabilities; based this calculation to determine the total value of the bank.

2. Fill out the on-line questionnaire.

3. Contact me by phone, e-mail or in person to meet and communicate the following additional necessary for the successful implementation of sales information:
-- Who is personally responsible for implementing the project on sale of the bank;
-- Who makes the final decision on sale of Bank and receives money ( "owner");
-- Who will accompany negotiations and preparation of documents.

4. Organize an audience with "owner"

5. The Agreement is signed and power of attorney and to proceed with the project