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The Maldives withdrew from the British Commonwealth of Nations

  The government of the Maldives announced the release of the Republic from the “British Commonwealth of Nations”, which includes Britain and most of its former colonies.   The foreign Ministry stressed that to go to this step “it was hard, but it was inevitable,” reports RIA Novosti. “The government …

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The Central Bank withdrew the license at “Grossinvestments”

11 with the Bank of Russia of April revoked the license for banking operations in Moscow “Grossinvestments”. As you know, this Bank is the participant of system of insurance of deposits, according to the website of the financial regulator. On January 1, 2016 “Grossinvestments” took 469-th place in Russia’s banking …

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Russia withdrew from Syria with the default rating

Why Western bankers did not appreciate the success of Russia in the middle East Although the Russian government managed, without losing face to leave from a head-on collision with the US and its middle East allies in Syria, objective grounds that the West would weaken sanctions dead grip of the …

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The Central Bank withdrew the license at Rosavtobank

The Bank of Russia has withdrawn from 4 March 2016 licence from the Moscow Rosavtobank, is spoken in the message of the regulator. The Bank conducted high-risk lending policies and create adequate accepted risks provisions for possible losses on loans. Proper evaluation of credit risk led to a complete loss …

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