Central Bank revoked the license just two on Friday
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Investors Moscow “Taurus Bank” and Bank “only” to revoke the licenses of which said on Friday the Bank of Russia will be able to get their money from the 8th of May. This was reported by the Deposit Insurance Agency (DIA), which consists in these financial institutions.

Photo: Gennady Cherkasov
On Friday it was announced that the Central Bank decided on April 24, revoke the license of “Taurus Bank” and CB “only”.
“The Bank of Russia informs about the decision to withdraw from the April 24, 2015 a license to conduct banking operations of a credit institution Taurus Bank”, – said in a statement reulyatora. Also, the Bank of Russia reported to revoke the license to conduct banking operations in commercial bank credit organization “The only”.
According to the Central Bank in terms of assets as of April 1 Taurus Bank ranked 436 place in the Russian banking system.
In turn, the public relations department DIA reported the insured the case for credit institutions.
“Due to the fact that these banks are members of the deposit insurance system (№ 240 and number 722 in the register, respectively), each of the investor, including individual entrepreneur (SP ), is entitled to receive as soon as possible indemnity provided for by the Federal Law of 23 December 2003 № 177-F3 “On Insurance of Household Deposits in Banks of the Russian Federation”, “- said in a statement.
Payments will begin no later than May 8, 2015. Before this date, the DIA will publish in the local press, as well as posted on the site in the Internet DIA official announcement of place, time, form and procedure for receipt of applications for reimbursement of deposits.
The insurance indemnity is paid to the depositor in the amount of 100 percent of the sum of all its accounts (deposits) in the bank, including open for business purposes, but not more than 1.4 million rubles in the aggregate. The amount not reimbursed by insurance, will be repaid during the liquidation of the bank as part of the claims of creditors of the first stage (for accounts SP, open for business activities – in the third line). On bank deposits (accounts) in foreign currency insurance indemnity is calculated in rubles at the Bank of Russia on April 24, 2015.
Note that with the advent of the Central Bank of Russia Elvira Nabiullina Bank started active sweep of the banking market of the Russian Federation. In the second half of last year licenses were withdrawn in 14 banks. Among the latest episodes – withdrawal of the license from one of the largest and oldest of credit organizations in the country – the Master Bank. Because of “suspicious transactions” 200 billion rubles 20 November 2013 lost license bank with the largest ATM network in Russia.
After that banking licenses were withdrawn from a number of smaller banks. So, on December 24, the Bank of Russia revoked the licenses of two banks at once: Moscow commercial bank “Rublevsky,” which occupies 662 th place among the largest Russian banks with assets of 1.439 billion rubles and Bank “Askold” – a subsidiary of the Bank of Smolensk (511 th place in Russia in terms of assets, the amount of which on December 1 at 2.85 billion rubles).


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