CENTRAL BANK OF RUSSIA LIQUIDATES NEYVA BANK OF EKATERINBURG

The lawsuit on liquidation of the Neyva bank appeared in the files of the Court of Arbitration of Sverdlovsk region. The claims of the Central Bank of the Russian Federation to the bank, which was deprived of its license in April, have not been disclosed. The application filed by the regulator on May 11 has also not been accepted for consideration by the court of arbitration.  

Experts explain the reason for filing a claim by the fact that earlier the Central Bank could not identify signs of bankruptcy in a commercial bank, and therefore the only possible solution to the problem is a forced liquidation.

Lawyers tend to assume that the further fate of the claim will largely depend on the current situation.

If it turns out to be unfavorable, it will not be difficult for the state regulator to reorient the claim from liquidation to bankruptcy. But the final decision of the issue still remains with the court.

After the bank lost its ‘license’ on April 16, its employees and clients had many questions to the decision of the Central Bank. Not every time the financial market encounters a situation when depositors of a commercial bank join forces in order to prevent the bankruptcy of the financial institution. The corresponding appeal of the depositors of the Neyva bank was previously published in various media.

The bank, which served about 7 thousand organizations and 30 thousand individuals, had a transparent balance sheet structure and excellent capacity to meet its liabilities.

According to the regulator, the financial institution violated the requirements of the law, contributing to money laundering.

In fact, the reason for the revocation of the license turned out to be currency transactions, which the bank's management carried out in significant volumes.

The DIA (Deposit Insurance Agency) has already announced that 97% of clients will be able to fully recover their money through insurance. The total amount of such payments was determined at 5.7 billion rubles, 930 million of which are payments to organizations.