On results of inspection of financial standing of CB ROSPROMBANK LLC held by provisional administration
The provisional administration of CB ROSPROMBANK LLC appointed by Bank of Russia Order No. OD-3053, dated 9 September 2016, due to the revocation of its banking licence, encountered an obstruction of its activity starting the first day of performing its functions.
The former management of CB ROSPROMBANK LLC failed to submit original loan agreements and claim assignment agreements with deferred payment for the total of more than 1 billion rubles to the provisional administration.
The provisional administration analysed the disposable credit documents and determined that the loan portfolio of CB ROSPROMBANK LLC mainly consists of claims in the amount of more than 0.8 billion rubles to companies with dubious creditworthiness incapable of delivering on their obligations and organisations which do not carry out any real business activity.
In addition, shortly before the banking licence was revoked, the bank’s management implemented operations which bear the evidence of asset diversion in the amount of more than 0.7 billion rubles through issuing technical loans, concluding claim assignment agreements and compensation agreements, including those connected with the purchase of real estate at inflated value, and changing liquid assets for less liquid ones.
According the provisional administration’s estimates the value of assets of CB ROSPROMBANK LLC does not exceed 2.8 billion rubles, whereas its liabilities to creditors amount to 3.3 billion rubles, including 2.9 billion rubles due to individuals.
On 21 November 2016, the Court of Arbitration of the city of Moscow ruled to recognise CB ROSPROMBANK LLC as insolvent (bankrupt) and to initiate bankruptcy proceedings with the state corporation Deposit Insurance Agency appointed as a receiver.
The Bank of Russia submitted the information on financial transactions bearing the evidence of the criminal offence conducted by the former management and owners of CB ROSPROMBANK LLC, to the Prosecutor General’s Office of the Russian Federation, the Ministry of Internal Affairs of the Russian Federation and the Investigative Committee of the Russian Federation for consideration and procedural decision making.
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24.01.2017 00.00.00