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Russia’s Central Bank revokes licence from Moscow bank Sovincom

MOSCOW, March 26. /ITAR-TASS/. The Central Bank of Russia (CBR) has revoked a licence for banking transactions from Moscow commercial bank Sovincom.

“The CBR informs about its decision to revoke a licence for banking transactions from Moscow commercial bank Sovincom from March 26, 2014,” the financial regulator stated.