The Bank of Russia revoked the license of the St. Petersburg Turbalance

The Bank of Russia revoked the license of the St. Petersburg Turbalance


Turboback not complied with the requirements of legislation and normative acts of the Central Bank. He held on October 1, 2015 643 place.

MOSCOW, 21 Jan. The Bank of Russia on January 21, withdrew the license for banking operations in St. Petersburg Turbomeca, is spoken in the message of the regulator.

Turboback not complied with the requirements of legislation and normative acts of the Central Bank in the field of counteraction to laundering of income obtained by criminal means and financing of terrorism. Besides, the credit institution was involved in questionable conduct transit operations in large volumes. The management and owners of Bank have not accepted necessary measures to normalize its activities, notes the regulator.

The Bank appointed a temporary administration.

Turboback is a member of the Deposit insurance system. By total assets, according to Central Bank data, on January 1, 2016 662 took place in the banking system of the Russian Federation.