Moscow. On 27 August. INTERFAX.RU – Bank of Russia revoked the license for banking operations at the European Bank for development of metallurgical industry (Moscow) and the bank’s “Business to Business” (Chuvashia), said the Central Bank of Russia.
The licenses revoked on 27 August.
“The decision to use extreme measures of influence was made in connection with a reduction in the size of its own funds (capital) below the minimum. In addition,” Evromet “the second half of August 2015 actually stopped servicing their customers. The management and the owner of the credit institution had failed to take effective measures to normalize its operations, “- said the regulator.
Also, the Central Bank introduced the bank from August 27 to the interim administration.
” Evromet “- party insurance contributions. Revocation of a license is an insurance event in respect of bank liabilities on deposits of population.
Bank “Evromet” in the first half 2015 ranked 272 th in terms of assets in the ranking of “Interfax-100″, prepared by the “Interfax CEA. According to the Bank of Russia on August 1 this year, the largest credit organization took 255 th place in the Russian banking system.
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