the Bank of Russia on 23 December appointed a temporary administration in the Bank for a period of six months, also by entering a three-month moratorium on payments to creditors of the organization.
the Central Bank because of the precarious financial situation in Interbank introduced a temporary administration and a moratorium on satisfaction of creditors ‘ claims.
“to Hold from the 23rd of December, 2016, the state Corporation “Agency on insurance of contributions” the functions of the provisional administration to manage the OJSC “Intehbank” for a period of six months….”, – stated in the message of the Central Bank.
On 23 December 2016 and entered the moratorium on satisfaction of requirements of creditors of JSC “IntechBank” for a period of three months. For the period of activity of the provisional administration the first priority of the interim administration is to conduct a survey of the financial situation of the Bank. The powers of the shareholders related to participation in the authorized capital, and the powers of the management bodies Interbanca suspended.
13 December, working mainly on the territory of Tatarstan Bank, has announced the introduction of temporary restrictions on the withdrawal of deposits upon early closing and cash withdrawal via ATMs and cash departments of the Bank to obtain was not more than 50 thousand rubles a day. Registry is associated with that panic of depositors of PJSC “Tatfondbank”, which spread to regional banks.
this week, “RIA Novosti”, citing a source in banking circles informed that the Central Bank has cut Bank from the system of urgent electronic payments. The Bank refuted the information, but earlier, on December 19 announced the termination of customer service, explaining that “technical reasons” that are promised in the near future to resolve.
Note that a sponsor Interbanca in international payment systems Visa and Mastercard was Tatfondbank, which is currently a moratorium of the Central Bank for a period of three months. December 13 was also reported that the Bank has not fulfilled its obligations under repurchase agreements with Tatfondbank total cost 845,8 million rubles, for which he was fined.
JSC “IntechBank” is a medium-sized regional Bank assets with the main number of units in the Republic of Tatarstan, as well as branches in Moscow and St. Petersburg. The main activities — crediting of representatives of small and medium enterprises settlement and cash services of legal entities, attraction of funds to deposits, transactions on financial markets. According to “Interfax”, the Bank takes 124 place among Russian banks by total assets as at the end of the third quarter of 2016.
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