Three Russian fans stabbed after football match in BelgradeSport March 26, 3:28
Russia ready to take part in restoring oil production in Syria - energy ministerBusiness & Economy March 26, 3:27
Moscow disappointed over new US sanctions against Russian companies - Foreign MinistryRussian Politics & Diplomacy March 26, 1:28
US sanctions 8 Russian companies over non-proliferation lawWorld March 25, 21:53
Russia's Defense Ministry says US-led coalition unlikely to launch battle for Raqqa soonRussian Politics & Diplomacy March 25, 19:06
Russia cuts oil production by 185,000 barrels per day as of today — energy ministerBusiness & Economy March 25, 18:30
OPEC has no objections to speed of Russia's oil production cutsBusiness & Economy March 25, 12:38
Opposition leader Vladimir Neklyayev detained in Belarus - news agency directorWorld March 25, 5:33
Russia submits amicus curiae brief to US Supreme CourtRussian Politics & Diplomacy March 25, 3:34
MOSCOW, February 8. /TASS/. The Russian Central Bank revoked license for banking transactions from Moscow bank Interkommerts, the regulator said Monday.
According to the Central Bank, Interkommerts bank failed to comply with the federal laws and the regulations of the Central Bank. The bank’s capital adequacy norms were below 2%, size of the bank’s own funds (capital) decreased below the authorized capital minimum.
In the context of poor quality of assets, the bank did not adequately assess the risks. The proper assessment of credit risk at the request of the regulator identified a total loss of the bank’s capital. At the same time, the bank has been involved in conducting questionable transit operations, the Central Bank said.
In view of the significant imbalance between assets and liabilities, financial recovery of Interkommerts bank with the assistance of the Deposit Insurance Agency (DIA) on reasonable economic conditions was not possible, the regulator added.
Interkommerts bank is a member of the deposit insurance system. Withdrawal of the banking operations license is an insurance event.
According to the bank’s reports, as of January 1, 2016, the bank occupied 67th place in the Russian banking system.
The Russian Central Bank in 2015 sent 15 credit institutions to the financial rehabilitation, revoked 93 licenses for banking operations.
The largest banks in terms of assets with revoked licenses are:
In 2013 - Master-Bank (70th place in the Russian banking system in terms of assets), Investbank (79th place), Smolensky Bank (125th place) and Pushkino bank (134th);
In 2014 - First Republic Bank (109th), Narodniy credit (112th);
In 2015 - NOTA-Bank (97th), Rossiyskiy Kredit Bank (45th), Probusinessbank (51th) and Sudostroitelny Bank (85th).
According to the Central Bank as of July 1, 2015, 798 credit institutions with a banking license operated in Russia.