Russia may reduce presence on EU energy markets in next 20 yearsBusiness & Economy June 29, 8:48
Top military brass baffled by UK defense chief’s remarks about Russian warshipRussian Politics & Diplomacy June 29, 8:20
FIFA president lauds Confederations Cup semi-final match as incredibleSport June 29, 7:38
Chile edges Portugal with 3-0 penalty shootout win for 2017 FIFA Confederations Cup finalSport June 29, 1:38
Telegram included in register of Internet information distributorsBusiness & Economy June 28, 20:56
Putin points to growing activities of foreign secret services against RussiaRussian Politics & Diplomacy June 28, 20:36
FIFA chief Infantino to attend Chile-Portugal 2017 Confederations Cup semis match in KazanSport June 28, 20:27
Lavrov expects US to refrain from creating pretexts for new attacks on SyriaRussian Politics & Diplomacy June 28, 20:09
Top diplomat says Germany willing to open new chapter in relations with RussiaWorld June 28, 19:28
MOSCOW, September 19. /TASS/. Russia’s Central Bank revoked license for banking transactions from the Moscow-based RosinterBank, a member of the deposit insurance system, starting September 19, 2016, the regulator reported Monday.
According to the bank’s financial reports, as of September 1, 2016, the bank occupied 68th place in terms of assets in the Russian banking system.
According to the Central Bank, amid unsatisfactory quality of assets, RosinterBank was not adequate in its estimates of assumed risks. A proper credit risk assessment and non-biased estimation of assets’ valuation in the financial reports of the credit organization caused a total loss of its own funds (capital).
Also, the lender did not follow the requirements of legislation and regulatory acts of the Bank of Russia in the area of money laundering, the regulator said.
In accordance with the Central Bank’s order, the temporary administration was set for RosinterBank until there is the bankruptcy supervisor or the receiver. The authority of the bank’s executive bodies has been suspended.