The Central Bank deprived the license of the bank "New Symbol" for violation of the legislation

27 November 2017, 10:35 | Russia
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The Universal Commercial Bank for Humanitarian Investments "New Symbol", which is a member of the money deposit insurance system, was deprived of a license to conduct credit and banking operations, the Central Bank website reported.. Earlier, the Bank of Russia imposed restrictions on the implementation of certain transactions three times, including raising funds from the population.



"There were signs of unfair behavior of the management and owners in the bank's activities, expressed in the failure to comply with restrictive measures imposed by the supervisory authority, carrying out transactions aimed at the withdrawal of liquid assets with damage to the interests of creditors and depositors, as well as" schematic "operations with the aim of avoiding compliance with the requirements of the supervisory authority on the formation of reserves for possible losses, adequate to the risks, "- said on the website of the Central Bank.

According to the financial statements, according to the value of assets as of November 1, 2017, the credit institution held 420th place in the banking system of the Russian Federation.




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