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My Bank (‘Moi Bank’ in Russian), the source said, “has been facing a most complicated situation” — problems with liquidity, the capital deficit may be 8-10 billion rubles. The difference between the bank’s assets and obligations is about 8 billion rubles (about $235 million).
In autumn, the central bank began clearing the banking sector and has revoked licenses from problematic banks. However, the situation with My Bank may be different.
The bank has forwarded to the regulator a plan for readjustment, a source close to the bank’s co-owner and a source close to the central bank said. The bank’s well-known and influential clients have been lobbying its rescue, the sources said.