The Central Bank withdrew the license for banking operations of the banks Strategy and ABB. The licenses of both credit institutions with revoked on July 21.
According to the report of the Central Bank, “Strategy” is not carrying out the laws regulating banking activities and inadequately assessed in connection with these risks”. He has completely lost his capital.
Bank of ABB, according to the regulator, pursued a “risky credit policy”. “The internal control rules of the Bank for the purposes of counteraction of legalization (laundering) of incomes obtained in a criminal way and financing of terrorism did not meet the requirements of the normative acts of Bank of Russia”, — stated in the message of the Central Bank.
“Strategy” is involved in the Deposit insurance system. On July 1, 2016, the Bank took 209 place in the Russian banking system by total assets, Bank ABB — 621 place.
In both the Bank appointed a temporary administration.