The Bank of Russia revoked the license of the Moscow “Russian construction Bank”

The Bank of Russia revoked the license of the Moscow “Russian construction Bank”


MOSCOW, December 18. The Bank of Russia took a decision to recall from December 18, the license for banking operations of a credit institution “Russian construction Bank” (Moscow), the press service of the regulator.

The decision was made in connection with default by a credit institution Bank of Russia regulations, the Federal laws regulating Bank activity, inability to satisfy requirements of creditors under liabilities.

See also

CB: most of the banks with revoked license, knowingly led a questionable operation

In connection with loss of liquidity Russtroybank not timely performed the obligations to creditors. The Bank was involved in questionable conduct transit operations in large volumes. The management and owners of Russtroybank has not taken efficient measures to normalise its activities and recover its financial status.

The Bank appointed a temporary administration valid up to the date of appointment of the bankruptcy Trustee or liquidator. The powers of the Executive bodies of the credit institution are suspended.

Russtroybank is a member of the Deposit insurance system. Revocation of license for banking operations is insured.

According to statements by total assets of Russtroybank on December 1, took the 135-th place in Russia’s banking system.

We will remind, last time the regulator had revoked the licenses of 14 December there was a ban on the activities of the Bank “Renaissance”, DIL-Bank and “CBI Bank”.

See also

The revocation of licenses of credit organizations in 2013 – 2015 years: chronology