Russian Prosecutor General’s Office finds another 3 NGOs to be undesirableRussian Politics & Diplomacy April 26, 21:42
Moscow ‘seriously concerned’ about Turkish airstrikes in Iraq, SyriaRussian Politics & Diplomacy April 26, 20:55
North Korea ‘neither fears war nor wants to avoid it,’ says country’s UN missionWorld April 26, 20:37
Russia’s Emergencies Ministry to continue helping Serbia in mine clearance in 2017Military & Defense April 26, 20:20
Putin says Russia, China maintain relations at 'unprecedentedly high level'Russian Politics & Diplomacy April 26, 20:02
Polls shows number of happy Russians at record-breaking historic highSociety & Culture April 26, 19:27
IS recruiting Taliban fighters in Afghanistan — Russia’s General StaffMilitary & Defense April 26, 18:49
Coffin with presumed remains of 19th century Russian general dug up in TurkeySociety & Culture April 26, 18:26
Russian envoy says enacting nuke ban treaty will lay basis for stable strategic tiesRussian Politics & Diplomacy April 26, 18:13
MOSCOW, December 24. /ITAR-TASS/. Russia’s Central Bank (CBR) on December 24 has stripped Commercial Bank Ryblyovsky of license, the CBR said in a release.The bank’s license has been revoked for breaching “federal banking laws, regulatory acts of the Bank of Russia, as well as the bank’s failure to satisfy the creditors’ claims on money liabilities.”
Due to the loss of liquidity Commercial Bank Rublyovsky failed to timely fulfill its obligations to creditors. Moreover, the bank pursued a high-risk credit policy and did not create reserves for possible losses on loan indebtedness and other assets that would be adequate to the accepted risks. The bank was also involved in suspicious transactions. The leadership and owners of CB Rublyovsky failed to take effective measures to restore its financial position,” the RF Central Bank stated.
Temporary administration has been appointed at CB Rublyovsky until the appointment of a bankruptcy manager of liquidator. The powers of the executive bodies of the credit institution are suspended, in accordance with federal laws.
CB Rublyovsky is not a party to the deposit insurance system.
By the size of its assets, the lending institution was 669th in the Russian banking system as of December 1, 2013.