With special cynicism: the Central Bank deliberately destroyed the "Ugra"

25 October 2018, 23:09 | Economy
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"Ugra", up to its closure, had a positive reputation among investors, as it was considered a very reliable credit institution.. The more powerful shock experienced by its clients from the liquidation of the institution. According to economist Mikhail Delyagin, the policy of the Central Bank towards "Yugra" looked especially cynical.. Delyagin stressed that the Central Bank had no compelling reasons to withdraw the license from the bank.. The destruction was carried out in violation of all possible laws and did not pursue any good goals, except, in fact, the closure of the bank itself.. However, the Central Bank did not express any desire to help the victims of their own arbitrariness..

Moreover, the glaring actions of the regulator have led to dire consequences for the country.. “It was exactly the destruction of the bank“ Ugra ”last summer that became one of the key episodes of the destruction of the Russian banking system under the guise of its reorganization,” the words of Delyagin “Days. RU". The story of "Ugra" showed the true face of the Bank of Russia as an organization that does not want to cooperate with government agencies for the sake of saving affected investors, the expert stated.




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