The Bank of Russia withdrew the license at Bank “New symbol”

The Bank of Russia withdrew the license for banking operations of the credit institution, the Bank “New Symbol” (JSC) (Moscow). About it reports a press-service of the Bank.

The decision of the Bank of Russia adopted in connection with default by the credit organisation of the Federal laws regulating Bank activity, and statutory acts of Bank of Russia, repeated violation within one year of the requirements stipulated in articles 6, 7 (except paragraph 3 of article 7) of the Federal law “about counteraction to legalization (laundering) of incomes obtained in a criminal way, and terrorism financing” considering numerous application within one year of measures envisaged by the Federal law “on the Central Bank of the Russian Federation (Bank of Russia)”.

In addition, the Bank “New Symbol” appointed a temporary administration of the validity period until the appointment of a bankruptcy Trustee or liquidator. The powers of the Executive bodies of the credit institution in accordance with the Federal laws are suspended.

Bank “New Symbol” is the participant of system of insurance of contributions. Revocation of license for banking operations is insured.Federal law provides for the payment of insurance compensation to depositors of the Bank, including individual entrepreneurs, in the amount of 100% of the remaining balance, but not more than 1,4 million rubles in aggregate per depositor.

The Bank of Russia withdrew the license at Bank “New symbol” 27.11.2017

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