Search

THE CENTRAL BANK AND THE NATIONAL SETTLEMENT DEPOSITORY AGAINST EUROCLEAR BANKRUPTCY

The Central Bank and the National Settlement Depository (NSD) did not support the bankruptcy of the European depository Euroclear in court. According to Interfax, the Bank of Russia believes that Euroclear has no signs of insolvency according to the criterion of insufficient funds. According to the representative of the Central Bank, the transfer of funds held in special accounts ...

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

... All of them will be able to receive payments 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. If the Central Bank's claim is satisfied, bankruptcy proceedings will begin. This case was the sixth revocation of a license from banks in 2024. The situation with Garant-Invest underscores the need for strict control over banks' compliance with regulations and legislation in order to avoid ...

Bankruptcy of "Lipetskoblbank" finally completed

On March 14, the Lipetsk arbitration issued a final verdict, ending the bankruptcy of the bank. Bankruptcy proceedings, which lasted for almost a decade, ended ... ... of 704.8 million rubles). Lipetsk Regional Bank lost its license in July 2013. The Central Bank found that by the beginning of May 2013, the bank's high-risk assets exceeded... ... the summer of 2014, lasted until March 2022. After the bankruptcy trustee asked the court to complete the process, it was decided that the bankruptcy could be ended. Moreover...

Sorted by relevance | Sort by date