Moscow. July 20. INTERFAX.RU Bank of Russia withdrew the license for banking operations of Mezhtopenergobank (Moscow), says the message of the Central Bank.
License revoked from July 20.
“Mezhtopenergobank placed funds in low-quality assets, including in the construction and investment spheres, and failed to adequately assess credit risks. The Bank made loans to companies that are not leading to real economic activity”, – stated in the message controller.
In addition, the credit institution does not comply with the requirements of the legislation and statutory acts of Bank of Russia in the field of combating the legalization (laundering) of incomes obtained in a criminal way and financing of terrorism in terms of identifying transactions subject to mandatory control, as well as the submission of the required information to the authorized body.
The controller repeatedly applied to the Bank’s Supervisory response measures., including twice introduced restrictions on attracting deposits of the population.
“The management and owners of Bank didn’t take effective measures on normalization of its activity. Moreover, their actions showed signs of dishonest behavior, expressed in the withdrawal of assets to the detriment of creditors ‘interests”, – stressed the Central Bank.
Mezhtopenergobank due to the unsatisfactory quality of assets not generating sufficient cash flow, they have been unable to timely fulfill obligations to creditors.
The Bank appointed a temporary administration until the appointment of a bankruptcy Trustee or liquidator. The powers of the Executive bodies of the credit institution in accordance with the Federal laws are suspended.
Mezhtopenergobank is the participant of system of insurance of contributions.
Mezhtopenergobank in the first quarter of 2017 took 93rd place in terms of assets in ranking “Interfax-100” prepared “Interfax-TSEA”. According to the Bank of Russia, on July 1 of the current year by total assets this credit was ranked 108-th place in the Russian banking system.