Central Bank revoked the license E-Bank and Mostransbank – Information portal of the Banki.ru

Central Bank left another two banks without licenses

Photo: Banki.ru

The Bank of Russia on 5 May revoked the license for banking operations in El Bank (registration number 1025 Samara region, Tolyatti) and Mostransbanka (registration number 2258, Moscow). This was reported in the press service of the regulator.

to revoke the license decision was made due to non-performance of credit organizations of federal laws regulating banking activities, as well as the regulations of the Bank of Russia and the application of the measures provided by the law «About the Central Bank of the Russian Federation (Bank of Russia). »

at the same time E-Bank, according to the Central Bank, was not able to timely meet the demands of investors, the period of default obligation to repay the funds exceeded 14 days.

In Mostransbanke there was a real threat to the interests of creditors and depositors, said the regulator. A credit institution deposited cash in low-quality assets, and did not create the adequate risk acceptance provision. “Due to the poor quality of assets that do not generate enough cash flow to the operations of the credit institution any grounds for the implementation of measures to prevent the insolvency (bankruptcy)”, – emphasized in the press release of the Bank of Russia

The managers and owners. banks have not taken effective measures to normalize their activities specified in the Central bank

Both credit institutions -. participants of the deposit insurance system. Payments to depositors E Bank and Mostransbanka will begin no later than 19 May, the Department of Public Relations of the Deposit Insurance Agency.

At the end of April, a source familiar with the situation in El Bank said that the Bank of Russia has disabled a credit institution from the system banking electronic payments (BESP). In addition, the bank has been introduced to record deposits.

Chairman Sergei Mostransbanka Zakharikov charged with illegal banking activity. In mid-April, the Court extended until 21 June deadline for his arrest.