MOSCOW, 10 Nov. The Bank of Russia on November 10 adopted a decision on the revocation of license for Bank operations from credit organizations of the Bank “SCR 24” (RUSSLAVBANK), is spoken in the message of the regulator.
“The Bank of SCR 24 (JSC) conducted high-risk lending policies and create adequate accepted risks provisions for possible losses on loans. In addition, the Bank failed to comply with the requirements of the legislation in the sphere of combating legalization (laundering) of income obtained by criminal means and financing of terrorism”, — the report says CB.
Besides, the credit institution was involved in questionable conduct transit operations in large volumes.
The Bank is a participant of the Deposit insurance system. According to the CBR, according to statements by total assets of the Bank “SCR 24” on October 1, 2015 124 took place in the banking system of the Russian Federation.
Later it became known that revoked the license of Moscow “Regional development Bank”.