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THE CENTRAL BANK FILED A BANKRUPTCY LAWSUIT AGAINST THE MOSCOW BANK GARANT-INVEST

... was revoked on December 26. According to the regulator, the bank has repeatedly violated the law and regulatory acts of the Central Bank of the Russian Federation. This undermined his financial stability. During the year, the Bank of Russia took measures of influence, including restrictions on attracting depositors, but these efforts did not lead to ... ... within the insurance limit established by law. Garant-Invest, which was on the 168th position in terms of assets among Russian banks, has now gone into liquidation. After submitting the application to the court, the fate of the bank will depend on its consideration....

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