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The central bank stopped the operations of Commercial Bank Daniel, Bank Capital, Bank Kliringovy Dim, Nadra Bank, and Real Bank.
Depositors will be compensated by recently established fund to protect rights of depositors in Crimea, the regulator said.
Before Crimea joined Russia in March, 77 banks used to have offices in the region. As of today, the central bank ordered that 34 banks discontinue their operations there.