The Bank of Russia revoked the license of the three banks

The Bank of Russia revoked the license of the three banks


License revoked December 14 in DIL-Bank, Bank “the Renaissance” and Commercial Bank of development (CBD Bank). By total assets, according to RIA Rating, on 1 December 2015 deal-Bank was ranked 222nd, “Renaissance” – 242-e, CBD Bank – 566 place.

MOSCOW, Dec 14. The Bank of Russia on 14 December withdrew the license for banking operations in Moscow DIL-Bank, Bank “the Renaissance” and Commercial Bank of development (CBD Bank), is spoken in the message of the regulator.

Deal-Bank placed funds in low-quality assets and create adequate accepted risks provisions for possible losses on loans and other assets, notes the regulator. As a result of execution of requirements of Supervisory authority about formation of the reserves in the required amount the Bank lost a significant part of own funds (capital). In addition, the Bank has not fulfilled the provisions of the legislation.

In DIL-Bank appointed a temporary administration.

The Bank is a participant of the Deposit insurance system. By total assets, according to Central Bank data, as of 1 December 2015, took 222 place in the banking system of the Russian Federation.

In addition, revocation of the license of the Bank “Renaissance”, which, according to “RIA Rating”, held on December 1, 2015 249 place in the banking system of the Russian Federation and Commercial Bank of development (CBD Bank), occupied 566 place. These banks are also member of the Deposit insurance system.