Central Bank deprived of the license niznevolzkiy commercial Bank

Photos: Moscow 24/Nikita Simonov

the Central Bank of Russia withdrew the license for banking operations of nizhnevolzhsky commercial Bank. This is stated in the message of the Central Bank.

it is Noted that today niznevolzkiy commercial Bank will not be able to carry out banking activities.

By total assets Saratov a credit institution is the 179-th place in the Russian banking system.

it is Reported that the lower Volga, the Bank regularly understated the size of reserves for possible losses on loan debts, which accounted for over 65% of the portfolio of a financial institution.

Earlier, the Central Bank revoked the license of the Moscow “RAM Bank”. The reason for this decision was non-disclosure by management of the Bank’s real financial position.

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