The Central Bank imposed a moratorium on payments to creditors of the Kazan Intehbank

Information on the introduction of a three-month moratorium on payments to creditors Interbank and on appointment in the Bank temporary administration posted on the website of the Bank of Russia.

Earlier this week, “RIA Novosti” with reference to a source in banking circles informed that the Central Bank has cut Bank from the system of urgent electronic payments. The Bank itself this information was officially denied. Even earlier, on 19 December, the Bank announced the termination of customer service, then explaining that “technical reasons” that are promised in the near future to eliminate.

13 Dec Interbanco had to impose restrictions on the withdrawal of deposits in case of early closing, and the issuance of funds via ATMs and cash in connection with the panic over the largest Bank of Tatarstan included in top-50 in Russia by assets of Tatfondbank. The Bank said flow withdrawal [cash] on plastic cards of Tatfondbank’s customers. In Tatfondbank temporary administration and the moratorium on satisfaction of creditors ‘ claims was entered on December 15.

According to “Interfax”, the Bank ranks 124th place among Russian banks by total assets as at the end of the third quarter of 2016.

After December 12, Tatfondbank has limited grant funds to investors, with the problems faced by several banks in the region. In addition Interbanca is the timer Bank and Tatagroprombank who were forced to impose restrictions on the grant funds and operations on deposits.