The Central Bank called the cause of the problems at the Bank of the ROC – RBC

Photo: Nikita Popov/RBC

the Central Bank has named the preliminary cause of the problems in the Bank “Peresvet”, the main shareholder is the Russian Orthodox Church. Previously, the regulator has introduced in the credit institution provisional administration after the restriction of issuing deposits

the Cause of the problems in the Bank “Peresvet”, the main shareholder is the Russian Orthodox Church, according to preliminary data, became active in the financing of projects in the construction industry. About it RBC have informed in the press service of the Bank of Russia.

“Problems, according to preliminary data, linked to taken by the Bank of high risk through active lending projects in the construction industry faced in recent years with a serious drop in demand,” — said the spokesman.

From October 21, the Central Bank has appointed the Bank “Peresvet” interim administration to study the financial position of the Bank. Temporary administration was imposed in connection with satisfaction of claims of creditors on monetary obligations in the terms exceeding seven days since the date of their satisfaction, stated in the message controller. Three days earlier it was reported that “Peresvet” has restricted the issuance of deposits to customers.

At the same time the representative of the Bank assured that the credit institution has no problems with liquidity and the increased demand for cash withdrawals he was associated with the appearance before the media reports about the disappearance of the Chairman of the Board of Bank Alexander Shvets. The Bank explained later that Sweden is in Moscow and is undergoing treatment and therefore temporarily unable to perform the functions of the Chairman of the Board of the Bank. The Bank then claimed that the absence of the Chairman of the Board of the Bank for valid reasons is not a cause for concern.

Yesterday a source “Interfax” close to shareholders of the Bank, said that “Peresvet” kept about a third of all funds of the administration of the Russian Orthodox Church, including the main account of the Moscow Patriarchate. What is the fate of stored funds if they were withdrawn, the source Agency did not elaborate.