CB revoked the license of Moscow Promregionbanka. The Bank has completely lost capital
The Central Bank revoked the license to conduct banking operations in Moscow Promregionbanka. According to the Central Bank revoked the license on May 30.
Promregionbank not served federal laws regulating banking activities, as well as the regulations of the Central Bank, said the Bank of Russia. In addition, the bank has completely lost its own funds (capital).
Central Bank has appointed a credit institution interim administration. Promregionbank – participant of the deposit insurance system. According to DIA, payments to depositors of the bank will begin no later than 10 June 2016.
According to the report data, the largest Promregionbank assets held on 01.05.2016 340 in the Russian banking system.
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