Date: 9 months ago   Category: Finance

The Central Bank has revoked the license from Bank of trade financing — Rambler News Service


Photo: Mikhail of Pochuyev/TASS the Bank of Russia since September 28 has revoked the license for implementation of bank activity from the Bank of Trade Financing (BTF) from Moscow, it is told in regulator materials. The bank is a participant of a deposit insurance system. "The business model of JSC CB" BTF" has been substantially focused on service of interests of its shareholders and connected persons. The loan debt of the companies directly or indirectly connected with final beneficiaries of credit institution made about 45% of the loan portfolio. Crediting of these borrowers has led to education on balance of bank of considerable volume of idle assets, including the real estate considered at the overstated cost" — the Central Bank reports. The Bank of Russia has noted that objective reflection of cost of the real estate objects belonging to bank has revealed essential deterioration in financial performance of bank which demonstrates existence in his activity of the bases for implementation of measures for prevention of bankruptcy, and poses a real threat to the interests of investors and creditors of BTF. "Besides, the bank systematically carried out the transactions, opaque to supervisory authority, directed to concealment of actual volume of the accepted credit risks and ensuring formal respect for prudential norms of activity" — have added to the Central Bank. The Central Bank repeatedly applied to bank of a measure of supervising influence, in particular introduced restrictions for attraction of money of natural persons twice. In bank the temporary administration until appointment of the receiver or appointment of the liquidator is appointed, the Bank of Russia notes. According to data of the reporting, as of September 1, 2018 in size of assets the bank took the 292nd place in a banking system of Russia.

URL:

Photo: The President of Russia Vladimir Putin asked the State Office of Public Prosecutor and the Supreme Court to submit to Kremlin Pool/Global Look Press until the end of the year offers on a measure of restraint for persons involved in cases of economic crimes. The Russian leader supported expansion of practice of pledge in criminal proceedings...


Photo: globallookpress.com/City News Moskva the President of Russia Vladimir Putin during "Straight line", answering a question of by what its reaction to messages about withdrawal of 9 billion rubles at the former deputy chief of anti-corruption directorate of the Ministry of Internal Affairs colonel Dmitry Zakharchenko was put into words, said th...


Photo: City News Moskva/Global Look Press the President of Russia Vladimir Putin during "Straight line" hoped that guilty of a situation around business of the journalist of "Jellyfish" Ivan Golunov will be attracted to responsibility. "I hope, necessary investigative actions for identification of all guilty persons who created this abnormal situat...


Total wage arrears in Russia (without subjects of small business) following the results of June, 2019 grew by 47.8 million rubles or for 1.6% — up to 2.94 billion rubles, Rosstat reported. "For June 1, 2019, according to the data submitted by the organizations (which are not relating to small business entities) total wage arrears around of observed...


Aviation fuel and bitumen have to be included in the system of receiving the return excise on oil with a damper for price fluctuation smoothing, declared during "Straight line" the President of Russia Vladimir Putin. "To the companies a part of means which they received less from the fact that they could receive if they sold oil and oil products in...


Photo: globallookpress.com/Victor Dmitriev the Problem of fake information becomes more and more sharp, but for entering of any toughening changes into the current legislation it is necessary to analyse law-enforcement practice. It was said by the President of Russia Vladimir Putin, answering during "Straight line" a question of the video blogger D...