Central Bank revokes license from Novokuznetsk Municipal Bank

Business & Economy January 09, 2014, 10:40

MOSCOW, January 09. /ITAR-TASS/. The Central Bank of Russia has revoked a license from a commercial bank, JSCB Novokuznetsk Municipal Bank (NMB Bank), the CBR reported on its website on Thursday.

In late December 2013, Novokuznetsk Municipal Bank closed its supplementary offices over problems with the server. The bank also faced difficulties with disbursement of cash to individuals and legal entities.

As of January 1, 2013, 190,720 individuals opened their deposit accounts in the bank that totaled almost 10 billion rubles.

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