Central Bank withdrew the license from the Yugra bank

The Central Bank withdrew the license from the Yugra bank, which has branches in Siberia. Previously, the regulator called the temporary administration to the finalist.

A message about the recall of the license appeared on June 28 on the website of the Central Bank. As noted in the Bank of Russia report, finorganization attracted money from the population and placed in assets of unsatisfactory quality, while not creating reserves for possible losses adequate to risks.

“The business model of PJSC Yugra Bank was based on the financing of business projects related to the beneficiaries of a credit institution at the expense of attracted funds of individuals by issuing loans to companies whose scale of activity of which did not correspond to the amount of loans received. The credit institution did not actually carry out in any significant volumes lending to individuals, as well as legal entities not related to the owners of the bank, ”the Central Bank said in a statement.

The activities of a credit institution have repeatedly identified operations with signs of the withdrawal of assets and high -quality collaterals, dubious transit operations, the facts of presenting significantly inaccurate reporting data.

On July 10, it was decided to appoint a interim administration to the bank. The depositors have already begun to pay insurance compensation. The release of the Central Bank notes that in the early days of the interim administration, the bank's operations with reporting operations were identified in order to conceal the real financial situation.

Earlier it became known that the bank filed a lawsuit in arbitration with a request to recognize the decision of the Central Bank illegal. And the Prosecutor General’s Office challenged the actions of the regulator against the bank - this happened for the first time in history, Interfax noted . The deposit insurance agency estimated the volume of insurance payments to the Ugra to the Yugra deposits in a record amount of 172.5 billion rubles.

The day before, the main owner of the Ugra Alexei Khotin offered the Central Bank his plan to save the bank. The Ugra obligations to the DIA, which became a lender instead of depositors, will be provided with the key to the loan portfolio and the personal guarantee of Khotin. DIA payments will be made by Ugra Bank for ten years, RBC wrote on July 27. On July 28, in its message, the Central Bank called the plan "unrealistic from the point of view of the time, volumes and sources of pre -capitalization proposed by the owner." In addition, its individual provisions do not comply with the current legislation, the financial regulator noted.

PJSC Yugra Bank was founded in 1990 in the Tyumen region. In Siberia, a financial organization, according to its site, has branches in Novosibirsk, Omsk, Irkutsk, Novokuznetsk, Tomsk, Krasnoyarsk. According to reporting, according to July 1, it took 29th place in the banking system of the Russian Federation in terms of assets of Ugra.