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Central Bank revokes license from Ural’s Nadezhnost bank and Makhachkala’s Imbank

January 20, 2014, 7:56 UTC+3 MOSCOW
The Nadezhnost bank was registered in the city of Kurgan
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© Itar-Tass

MOSCOW, January 20, /ITAR-TASS/. Russia’s Central Bank has revoked a licence from the Urals region’s Nadezhnost bank, the regulator reports.

The Nadezhnost (translated as 'reliability') bank was registered in the city of Kurgan in 1993.

The bank had a perpetual license from the Central Bank for operations in rubles and foreign currency. It was a member of the obligatory insurance system.

In addition, Central Bank has revoked a licence from Makhachkala’s Imbank, the regulator reports. The Imbank was registered in the city of Makhachkala (Dagestan’s capital city)

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