Two more banks lost licenses

From August 27, the Bank of Russia withdrew a license to carry out banking operations with the European Bank for the Development of the Metallurgical Industry ("Eurode"), the regulator reports . The bank is a member of the deposit insurance system.

The Central Bank made such a decision in connection with "non -fulfillment by a credit institution of federal laws governing banking activities, a decrease in all standards for the sufficiency of their own funds below 2%, a decrease in the amount of capital below the minimum value."

The ERUROMET AKB pursued a highly risked credit policy, placing funds in low -quality assets. The fulfillment of the requirements of the supervisory authority on the formation of reserves adequate to accepted risks led to a complete loss of its own funds (capital).

In addition, the Euphorus from the second half of August 2015 actually stopped serving his customers. "The leadership and owner of the credit institution did not take effective measures to normalize its activities," the press release of the Central Bank of Russia says.

According to the reporting, in terms of assets "Em now" took 255th place in the banking system of Russia.

The Central Bank also withdrew a license at the business bank "Business for Business" (Chuvash Republic, the city of Yadrin). "The BDB KB placed funds in low -quality assets and did not create adequate reserves adopted by the accepted risks on possible losses on loans and other assets. The formation of reserves in the required volume led to the loss of a significant share of capital," the Central Bank said .