The Central Bank revoked the license of the National Bank collateral

Photo: Ekaterina Kuzmina/RBC

The Bank of Russia has withdrawn since November 18, the license for banking operations of the suburban National Bank collateral in connection with loss of capital

The Bank of Russia has withdrawn since November 18, the license for banking operations of the National mortgage Bank, reported on Friday on the website of the regulator. The Bank is registered in the town of Dolgoprudny, and total assets at November 1, 375 took place in the Russian banking system.

As noted by CB, with a poor quality of Bank assets are inadequately assessed in connection with these risks, with credit risk evaluation and objective reflection of the value of assets in the financial statements of the credit institution led to a complete loss of its capital.

In addition, the Bank did not comply with the requirements of the legislation and normative acts of the Central Bank in the field of counteraction to laundering of incomes obtained in a criminal way, and terrorism financing in the provision of information to the authorized body. The rules of internal control of the Bank in the field of combating the legalization of criminally obtained income did not meet the requirements of the normative acts of the Bank of Russia, said the regulator.

The national mortgage Bank is the participant of system of insurance of contributions. It provides for insurance payments to depositors, including private entrepreneurs, in the amount of 100% of the remaining balance, but not more than 1,4 million rubles in aggregate per depositor.

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