Once the two banks — Terra” and “Credo Finance”, the Central Bank revoked the license. This reports the press service of the regulator.
At the Moscow Bank “Terra” the decision is accepted in connection with default by the credit organisation of the Federal laws regulating Bank activity, and statutory acts of Bank of Russia, application of measures envisaged by the Federal law ‘ on the Central Bank of the Russian Federation (Bank of Russia)”, taking into account the presence of real threat to interests of creditors.
“In terms of placement of funds in assets of low quality AKB “Terra”, ZAO inadequately assessed in connection with these risks. As a result of repeated execution of requirements of Supervisory authority about formation of the necessary reserves for possible losses in activity of the credit organization have any grounds for implementing measures to prevent insolvency (bankruptcy). The user and the owner of the credit institution did not take effective measures on normalization of its activity”, — stated in the message.
Another order was left without a license of the Bank “Credo Finance” (Makhachkala). In this case, the decision was made by the Bank of Russia in connection with default by the credit organisation of the Federal laws regulating Bank activity, and statutory acts of Bank of Russia, repeated violation within one year of requirements of article 7 (except paragraph 3 of article 7) of the Federal law “about counteraction to legalization (laundering) of incomes obtained in a criminal way, and terrorism financing” and normative acts of Bank of Russia, issued in accordance with this Federal law, and the application of measures envisaged by the Federal law ‘ on the Central Bank of the Russian Federation (Bank of Russia)””.
The regulator said that the Bank did not comply with the requirements of the legislation and statutory acts of Bank of Russia in the field of combating the legalization (laundering) of incomes obtained in a criminal way and financing of terrorism in parts of timely and quality submission of information to the authorized body. In addition, the rules of internal control of credit institutions in this area did not meet the requirements of the Bank of Russia.
“Credo Finance” — the participant of system of insurance of contributions provides payment of insurance compensation to depositors of the Bank, including individual entrepreneurs, in the amount of 100% of the remaining balance, but not more than 1,4 million rubles in aggregate per depositor.
In the banks appointed interim administration by period of validity till the moment of appointment of the liquidator or liquidator. The powers of the Executive bodies of the credit organisations according to Federal laws are suspended.
According to statements by total assets of AKB “Terra”, JSC of July 1, 2016 593 took place in the banking system of the Russian Federation, “Credo Finance”, — 624-
