The Bank of Russia has withdrawn from 17 March 2016 the license for banking operations at the Moscow National corporate Bank (Neckarpark), according to the Central Bank.
According to the regulator, Accordbank had committed violations of banking legislation and Bank of Russia regulations in assessing credit risk.
According to the results of execution of requirements of Supervisory authority on creating provisions adequate to the accepted risks, the amount of own funds (capital) of credit organizations decreased to the critical value. The Bank was involved in questionable conduct, including transit operations.
Accordbank is a member of the Deposit insurance system. According to statements by total assets of the Bank on 1 March 2016 held 487 place in the banking system of the Russian Federation.
The revocation of the license of the Bank “Ekaterininsky”
On 17 March, the Bank of Russia revoked the license of the Moscow Bank “Catherine”.
According to the Central Bank, the Bank conducted high-risk lending policy connected with placement of funds into low-quality assets. Adequate assessment of the risks accepted by the Bank on demand of the Supervisory authority led to the emergence of credit institution basis for implementation of measures on prevention of insolvency (bankruptcy).
Bank Tavrichesky is a member of the Deposit insurance system. According to statements by total assets of the Bank on 1 March 2016 493 took place in the banking system of the Russian Federation.
The revocation of the license of the Vladikavkaz JSCB “1Банк”
The Central Bank also revoked the license for banking operations in Vladikavkaz JSCB “1Банк”.
According to the Central Bank, with a poor quality assets “1Банк” inadequately assessed the risks taken. Proper evaluation of credit risk and fair value of Bank’s assets led to the emergence of credit institution basis for implementation of measures on prevention of insolvency (bankruptcy). In addition, the credit organization has not abided by the Bank of Russia restrictions on the exercise of individual operations.
The management and owners of the credit institution did not take effective measures to normalize its activities, the report says.
In accordance with the order of the Bank of Russia in Bank “1Банк” appointed a temporary administration valid up to the date of appointment of the bankruptcy Trustee or liquidator. The powers of the Executive bodies of the credit institution are suspended.
JSCB “1Банк” is the participant of system of insurance of deposits.
According to statements by total assets of the Bank on March 1, 2016 538 took place in the banking system of the Russian Federation.
