The Central Bank revoked the license of the Moscow Bank

The Central Bank withdrew the license for implementation of banking activities was in Moscow Arksbank, is spoken in the message of the Central Bank. License was revoked July 19. According to the Bank of Russia, Arksbank not played laws regulating Bank activity, and statutory acts of the Central Bank.

“Activity of JSC “Arksbank” was focused on attraction of money resources of the population and their location in the assets the poor quality. Thus the credit organisation did not create reserves for possible losses, adequate to the accepted risks”, — is spoken in the message of the Central Bank.

The Bank appointed a temporary administration, he is the participant of system of insurance of contributions. By assets at July 1, 2016 Arksbank 286 took place in the Russian banking system.