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Rosbusinessbank license is revoked

The Central Bank revoked the license due to numerous violations.

Rosbusinessbank license is revoked

The Central Bank revoked the license to conduct banking operations from Rosbusinessbank. This was reported on the official website of the Central Bank of Russia.

The license was revoked by order of October 23, 2020.

The report explains that Rosbusinessbank violated federal law, including the bank understated the level of reserves for possible losses.

Earlier, the Central Bank has already limited the bank's attraction of funds from individuals.

We remind that Rosbusinessbank is included in the deposit insurance system.

 

Photo: TASS

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