On revocation of banking licence
Due to the non-compliance by the credit institution Commercial Bank Business-to-Business (limited liability company) or CB BTB (LLC) (the Chuvash Republic, the city of Yadrin) with federal banking legislation and Bank of Russia regulations and repeated violations within one year of the requirements stipulated by Article 7 (excluding Clause 3 of Article 7) of the Federal Law ‘On Countering the Legalisation (Laundering) of Criminally Obtained Incomes and the Financing of Terrorism’, taking into account the application within one year of measures envisaged by the Federal Law ‘On the Central Bank of the Russian Federation (Bank of Russia)’, considering a real threat to the bank’s creditors and investors, and guided by Article 19, Clauses 6 and 61 of Part 1 of Article 20 of the Federal Law ‘On Banks and Banking Activity’ and Part 11 of Article 74 and Part 75 of the Federal Law ‘On the Central Bank of the Russian Federation (Bank of Russia)’, the Bank of Russia took a decision (Order No. OD-2270, dated 27 August 2015) to revoke a banking licence of the Commercial Bank Business-to-Business (limited liability company) (Bank of Russia Registration No. 1060, date of registration — 3 December 1990) from 27 August 2015.
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27.08.2015 00.00.00