The Central Bank has revoked the licenses of Promeximbank, the Commercial Savings Bank (KBC bank), and Moszhilstroibank, CB officials confirmed.
The licenses of Promeximbank and KBC bank were revoked because both banks have failed to adhere to federal laws and Central Bank rules governing banking operations, the officials confirmed.
The licenses have been revoked from today.
Moszhilstroibank's license was revoked for the same reasons plus the bank's inability to meet its financial obligations, CB officials said.
Source: Interfax
