Russia’s missile early warning system helps ward off any threatMilitary & Defense June 29, 15:19
Jury to deliberate on verdict in Nemtsov murder caseSociety & Culture June 29, 15:08
Foreign customers interested in Russia’s latest icebreaker projectBusiness & Economy June 29, 14:22
British media accuse Russian footballers of doping after failure to host 2018 World CupSport June 29, 14:08
Russia’s budget deficit to fall almost by half in 2018 — PM MedvedevBusiness & Economy June 29, 13:59
Diplomat reassures that Russia, US ‘not in state of conflict’ over SyriaRussian Politics & Diplomacy June 29, 13:39
Kiev court decides to try ex-president accused of high treason in absentiaWorld June 29, 13:34
Moscow warns US of tit-for-tat response to diplomatic property seizureRussian Politics & Diplomacy June 29, 13:30
US aviation authorities notify Aeroflot of extra air-safety measuresBusiness & Economy June 29, 13:18
MOSCOW, December 04. /ITAR-TASS/. Central Bank of Russia filed a bankruptcy suit against Master Bank, the High Arbitration Court reported on its website. The legal action was registered on December 3.
"The revocation of the license is pursuant to the CBR's policy to remove from the market of banking services the loan institutions involved in illegal activates, violating banking legislation, distorting information about their financial position and creating a real threat to the depositors and creditors' interests," it said in a press release.
Master Bank's liability to depositors exceeded 47 billion rubles ($1.4 billion) as of the date of license revocation.