The Central Bank revoked the license two Moscow banks

The Central Bank revoked the license two Moscow banks


Banks Eurokommerz and Greenfield are members of the Deposit insurance system. According to the CBR, the volume of assets banks are 251-e, and 420-th place in Russia’s banking system.

MOSCOW, 23 Oct. The Bank of Russia from October 23 has withdrawn the license for banking operations in Moscow Bank “Eurocommerce”, is spoken in the message of the regulator.

“The Bank of Russia under the supervision of the activity of PJSC CB “Eurocommerce” established substantial underestimation of credit risks and the submission of false statements. Appropriate credit risk assessment on the request of the Supervisory authority revealed the complete loss of own means (capital) of the Bank”, — stated in the message of the Central Bank.

According to the CBR, the volume of assets the Bank “Eurocommerce” on October 1, 2015 251 took place in the banking system of the Russian Federation. The Bank is a participant of the Deposit insurance system.

In addition, the controller 23 October revoked the license of the Moscow Bank “Greenfield”.

The Bank is a participant of the Deposit insurance system. By total assets, according to “RIA Rating”, held on July 1, 2015 420-e a place in Russia’s banking system.