Cut-off price in new fiscal rule to remain at $40 per barrel — ministerBusiness & Economy February 27, 16:39
Russian MP says French delegation to support Russia’s return to PACERussian Politics & Diplomacy February 27, 16:35
Russian, French senators set up strategic parliamentary dialogWorld February 27, 16:19
Russia's oil major reveals oil price per barrel that will suit everyoneBusiness & Economy February 27, 16:09
Russia’s defense ministry confirms dispatch of advanced frigate to Mediterranean SeaMilitary & Defense February 27, 15:41
Russian diplomat: West-brokered resolution on chemical weapons in Syria 'unacceptable'Russian Politics & Diplomacy February 27, 15:30
Russia’s 2017 budget deficit may be below forecast — finance ministerBusiness & Economy February 27, 15:24
Kremlin urges US to study attack on OSCE mission in UkraineRussian Politics & Diplomacy February 27, 15:16
Medvedev calls for steps to plug Russia’s 'brain drain'Business & Economy February 27, 15:04
MOSCOW, August 18. /ITAR-TASS/. Russia’s Central Bank (CBR) has granted licenses to Crimea-based Bank Morskoi and Black Sea Bank of Development and Reconstruction (ChBRR) to conduct banking operations, including attracting retail deposits in rubles and foreign currency, the regulator said in a statement Monday.
The banks have also become members of Russia’s deposit insurance system, which means that each client will receive redemption of their deposits to the sum of up to 700,000 rubles if the banks lose their licenses.
Both banks operated in Crimea before it joined Russia in March, along with other 75 banks.
In May, Ukraine’s Central Bank prohibited the country’s banks from operating in Crimea and revoked licenses from several banks, including Bank Morskoi and ChBRR. In turn, Russia’s Central Bank allowed operations of the two banks in the region without a license upon some conditions.