The Central Bank of Russia revoked the license from "Russian International Bank"

05 September 2017, 06:17 | Russia
photo JustMedia
Text Size:

The regulator's website informs that the Bank of Russia revoked the license from "Russian International Bank".

The Central Bank of Russia stated: "The business model of JSC RMB BANK was largely focused on high-risk lending to borrowers, including non-residents associated with the ultimate beneficiaries of the lending institution". It is noted that in connection with the unsatisfactory quality of assets, a decision was taken to revoke the license.

In addition, the bank did not comply with the requirements of financial legislation.

As it became known, the Bank of Russia repeatedly drew attention to the problems of the credit organization, but the management and owners of "Russian International Bank" did not take measures to normalize the activities of the organization.

In terms of assets, the bank held 137th place in the banking system of the Russian Federation. He was also a participant in the deposit insurance system, "Rossiyskaya Gazeta".




Add a comment
:D :lol: :-) ;-) 8) :-| :-* :oops: :sad: :cry: :o :-? :-x :eek: :zzz :P :roll: :sigh:
 Enter the correct answer