Friday, July 1, 2016

Hole in the bank to lend to Le Pen has exceeded 20 billion rubles. – RBC

Photo: Lori

The Hole in the capital of the First Czech-Russian Bank exceeded 20 billion rubles., said deputy chairman of the Bank of Russia Mikhail Sukhov. On Friday, July 1, the Central Bank revoked the license of the bank

«Hole (. FCRB capital – RBC’s ) has not changed: it was more than 20 billion rubles. when insurance cover at least 17 billion rubles., so we did not see the financial recovery options, kakih-to proposals on this subject, “- said Sukhov reporters on Friday on the sidelines of the International Financial Congress (quoted by” RIA Novosti »).

On Friday, July 1, the Central Bank revoked the license FCRB, indicating that the bank is adequately evaluated the risks taken if an unsatisfactory asset quality. A proper risk assessment at the request of the regulator has led to the fact that the bank is completely lost capital. The Bank of Russia also felt that the organization owners have not taken the necessary steps for the normalization of its work.

FCRB is a member of the deposit insurance system. By total assets the bank took 126 th place in the Russian banking system.

In April, the Bank of Russia introduced a moratorium on satisfaction of creditors’ claims FCRB a period of three months. The decision was taken due to the fact that the bank just does not satisfy the claims of creditors on monetary obligations.

The Central Bank noted that a moratorium on satisfaction of creditors of the bank is the insured event. Payments to depositors of the bank, including individual entrepreneurs, were scheduled not later than 14 days from the date of the moratorium. Deposit Insurance Agency has estimated insurance payments of 17.4 billion rubles.

Earlier, the Central Bank introduced a temporary administration in FCRB and its functions entrusted to the Deposit Insurance Agency.

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