Russian Central Bank revokes almost hundred licenses in 2016

In 2016, the Central Bank of Russia has revoked 97 licenses of banks, 17 licenses of non-state pension funds, 69 licenses of insurance companies and 32 license of management companies, the chief auditor of the Central Bank Valery Goregliad said at the Gaidar Forum.

According to him, 68 banks were recognized bankrupt, and annual reports of 59 of them have been deemed unreliable, TASS reports.

Out of 17 non-state pension funds, which lost licenses, 8 presented reports with material misstatements, 32 insurance companies and 14 management companies.

1825 views

Read on the subject


More Russian news

ISIS fighters penetrate Russia as migrant labor

ISIS fighters penetrate Russia as migrant labor

Russia needs a strong Central Asia to combat terrorism

Identities of terrorists who attacked National Guard in Chechnya revealed

Identities of terrorists who attacked National Guard in Chechnya revealed

Police established the identities of those who attacked military town in Chechnya, where one of the divisions of Russian National Guard (Rosgvardia) is located. They are Magomed Akbulatov, Umar Musalayev, Shamil Muridov, Magomed …

Kadyrov discusses terrorist attack in Naursky district with Melikov

Kadyrov discusses terrorist attack in Naursky district with Melikov

The head of Chechnya Ramzan Kadyrov held meeting with first deputy director of the Federal Service of National Guard Troops, Colonel-General Sergey Melikov. The parties discussed the events that …

Russian jets from Kant airbase to participate in Tajik exercises

Russian jets from Kant airbase to participate in Tajik exercises

Russian Su-25SM jets from the Kyrgyz airbase Kant will take part in joint anti-terrorist exercises with Tajikistan's forces, the press service of the Central Military District reported. "Russian Su-25SM jets have been relocated …

Murtuza and Liza Mukhtarovs: a great love story in stone

Murtuza and Liza Mukhtarovs: a great love story in stone

How Ossetian beauty became the first lady of old Baku

Russia, US confirm absence of major incidents in Syrian skies

Russia, US confirm absence of major incidents in Syrian skies

During a regular video conference of the Russia-US working group on implementation of the Memorandum of Understanding on prevention of flight incidents in Syrian skies, Russia and the United States have …

Medvedev and Rouhani to discuss trade between Tehran and EAEU

Medvedev and Rouhani to discuss trade between Tehran and EAEU

Russian Prime Minister Dmitry Medvedev and Iranian President Hassan Ruhani will discuss the formation of trade regime between the Eurasian Economic Union (EAEU) and Tehran on March 27 in Moscow, the press office …

Valery Nesterov: Oil will remain at the level of $ 50 per barrel

Valery Nesterov: "Oil will remain at the level of $ 50 per barrel"

Today, the Central Bank of the Russian Federation announced a conservative forecast for the oil prices

Daesh claims responsibility for attack on Russian National Guard in Chechnya

Daesh claims responsibility for attack on Russian National Guard in Chechnya

The Daesh militant group, which is banned in Russia, claimed responsibility for the deadly attack on a Russian National Guard post in the Chechnya region, Sputnik reports. Six National Guard servicemen and six gunmen were …

Russia’s Airborne Force wraps up large-scale drills in Crimea

Russia’s Airborne Force wraps up large-scale drills in Crimea

Russia’s Airborne Force has wrapped up its large-scale drills at the Opuk training range in Crimea, TASS citing the Defense Ministry’s press office report. "During the drills, the paratroopers acting as part of a rapid …

more Russian news