Date: 3 months ago   Category: Finance

The Central Bank has assessed damages from actions of the management of the Russian trade bank at 4,2 billion rubles — Rambler News Service


The Bank of Russia has revealed replacement of assets in CB RTBK on low-liquid securities with causing damage more than 4 billion rubles, the press service of the regulator has reported. "The temporary administration on management of CB RTBK <…> during inspection of his financial state has established that in anticipation of recall from Bank of the license for banking operations by the management of Bank the operations directed to replacement of liquid assets by low-liquid securities with causing damage to Bank of more than 2,5 billion rubles were carried out" — it is said in the press release of the Central Bank of Russia. During check operations on a conclusion of assets of bank by means of crediting of borrowers whose financial position was estimated as unsatisfactory have also been revealed. As a result damage of more than 1,7 billion rubles has been caused to bank. Transactions on property sale became one more way of a conclusion of assets to the contractor with doubtful solvency. CB RTKB I have lost the license on April 20 the current year. On August 10 the Arbitration court of the city of Moscow has declared credit institution bankrupt.

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