“The Bank of Russia, by order of July 14, 2020 No. OD-1082, revoked the license for banking operations from the Joint-Stock Company“ People’s Bank of Tuva ”of BANK NBT JSC, the press release said.

The decision of the Central Bank is due to the fact that the NBT violated the mandatory standard of current liquidity and allowed untimely execution of customer payments, and also did not comply with federal laws and regulations.

At the end of January, the Central Bank revoked the license for banking operations from the Moscow Agrarian Trade Union Joint-Stock Commercial Bank “Apabank”.