The Bank of Russia took a decision on August 16 to withdraw the license for banking operations of the Moscow “Russian trust Bank”.
With a poor quality assets “Russian Trust Bank” inadequately assessed in connection with these risks. Proper assessment of credit risk by the supervisor’s request revealed the complete loss of own means of the Bank, said in a statement on the website of the Bank of Russia.
“Russian Trust Bank – the participant of system of insurance of contributions. According to statements by total assets on August 1, the Bank took 262 place in the Russian banking system.
