The Central Bank revoked the license of the Moscow Bank “Strategy”

The Central Bank withdrew the license for banking operations of the Bank “Strategy”, is registered in Moscow. License revoked on July 21 said in a statement the Central Bank.

According to the Bank of Russia, “Strategy” is not carrying out the laws regulating banking activities and inadequately assessed in connection with these risks”. The Bank lost capital.

“Strategy” is involved in the Deposit insurance system, the Bank appointed a temporary administration. On July 1, 2016, the Bank Strategy took 209 place in the Russian banking system by total assets.