MOSCOW, January 20. /ITAR-TASS/. Russia’s Central Bank has revoked the license from Urals region’s Nadezhnost bank, the regulator reports.
The Nadezhnost (translated as 'reliability') bank was registered in the city of Kurgan in 1993.
The bank was a member of the obligatory system of deposits insurance.
“Revocation of a license to conduct banking operations is an insurance event,” the central bank reports. “The Nadezhnost bank did not comply with the legislations on counteraction to legalization of proceeds from crime and terrorist financing in the timely direction to the authorized body of information on transactions subject to mandatory control.”
The regulator adds the bank was involved in big doubtful operations, and the bank’s managers and owners failed to undertake necessary measures to correct the activities.
The central bank has appointed temporary administration until appointment of a receiver or liquidator.
The bank had a perpetual license from the Central Bank for operations in rubles and foreign currency. It was a member of the obligatory insurance system.
Kurgan’s bank took the 843rd line in the Russian bank rating in assets.