Bank housekeeping: Russian regulator shuts down 3 more lenders — RT Business:
"Russia’s Central Bank (CBR) has revoked the licenses of three mid-sized banks on Friday, which brings the total to 30 lenders that have been closed down under the CBR crusade against dubious lenders since the start of the year.
Licenses were withdrawn from Investbank, Smolensky Bank, Russia’s 125th largest, and Project Finance Bank, the country’s 129th biggest bank. Individual deposits total $2.2 billion (70 billion rubles), according to the Deposit Insurance Agency (DIA).
Elderly clients broke through the door of Investbank, office windows were smashed, and hundreds of people rushed to enter the bank, only be refused in Kaliningrad."
'via Blog this'
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