Central Bank revoked the licenses of two banks – RBC

Photo: Yekaterina Kuzmina / RBC

On Friday morning, said the regulator to revoke the license of LLC” Investment union “. “The Bank of Russia informed of the decision to revoke a June 19, 2015 the license to conduct banking operations in commercial bank credit organization” Union Investment “- said in a statement published on the website of the regulator. The Central Bank has not yet named the reasons for its decision.

In the financial rating of Russian banks “Investment union” took 79th place. Net profit amounted to 204 347 thousand. Rub.

The Bank was registered in 1990 as a limited liability partnership (LLP) “CB” Babayurt. ” In 2001, the bank moved from Dagestan village Babayurt to Moscow and changed its name to “CB” Investment union “. He became a member of the deposit insurance system in 2009. In addition to the head office in Moscow, the bank has three regional branches – in Makhachkala, Voronezh and Krasnoyarsk.

It soon became aware of the revocation of the licenses of the joint-stock commercial bank “Azimuth».

According to the regulator, the Bank conducted high-risk lending policy and did not create adequate risk taking reserves for possible loan losses. This credit institution was involved in questionable conduct of transit operations. Managers and owners of the credit institution had failed to take effective measures in combating the legalization of proceeds from crime and terrorist financing.

Bank “Azimuth” is a party to the deposit insurance system. According to the report of 1 June 2015, in terms of assets, “Azimuth” occupied 648 th place in the Russian banking system.