Banking licence of NCO Taidon LLC revoked
By its Order No. OD-1864, dated 22 October 2026, the Bank of Russia revoked the banking licence of the Kemerovo-based Non-bank credit organization Taidon Limited liability company (NCO Taidon LLC) (Reg. No.
The Bank of Russia made this decision in accordance with Clause 4 of Part 2 of Article 20 of Federal Law ‘On Banks and Banking Activities’2 based on the fact that NCO Taidon LLC failed to make mandatory payments for longer than 14 days.
The assets held by NCO Taidon LLC were of very poor quality, and therefore, the credit institution was unable to generate adequate cash flows it needed to continue its operations. As a result, NCO Taidon LLC became insolvent.
By its Order No. OD-1865, dated 22 October 2026, the Bank of Russia appointed a provisional administrator to manage the credit institution until a receiver3 or a liquidator4 is appointed. In accordance with federal laws, the powers of the credit institution’s executive bodies were suspended.
1 According to the financial statements as of 1 October 2026.
2 The Bank of Russia made this decision due to the fact that the credit institution failed to make mandatory payments.
3 In accordance with Articles 127 and 189.68 of the Federal Law ‘On Insolvency (Bankruptcy)’.
4 In accordance with Article 23.1 of the Federal Law ‘On Banks and Banking Activities’.
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22.10.2026 04.51.00