The regulator notes that was in Gazbank Samara systematically hid their real financial situation, and on balance he “formed a significant volume of distressed assets”
Photo: Vladimir Akinshin / Lori
The Central Bank announced the revocation of the license for banking operations at Gazbank, Samara was in.
In a statement the regulator said that Gazbank systematically hid their real financial situation and evade the supervision requirements. The test established that the Bank regularly violated the provisions of counteraction against laundering of income obtained by criminal means, as well as the requirements on combating the financing of terrorism.
“The Bank of Russia repeatedly (11 times in the last 12 months) used against JSC AKB “GAZBANK” Supervisory measures of exposure, including twice imposed restrictions on attraction of deposits”, — stated in the press release of the Central Bank.
In connection with the revocation of the license of the Central Bank also revoked the license of Gazbank for realization of professional activities on the securities market.
The Bank appointed a temporary administration, the powers of its management are suspended.
Gazbank is a member of the Deposit insurance system. Depositors, including private entrepreneurs, the law will get 100% refund, but not more than 1,4 million rubles. per depositor.
As of 1 July 2018, the Bank occupied the 134th place in the Russian banking system.