The Central Bank revoked the licenses of the "People's Bank" and the bank "Nevastroyinvest"

It is noted that such a decision in relation to the "People's Bank" was made, among other things, due to the underestimation of the amount of reserves required for the formation of reserves for possible losses.

It is clarified that earlier the Central Bank has repeatedly applied measures to the bank.

With regard to the bank "Nevastroyinvest" it is reported that the credit institution violated the law in the field of combating money laundering.

“He violated federal laws governing banking activities, as well as regulations of the Bank of Russia,” the text says.

Earlier, the Central Bank of Russia revoked the license from the credit organization People's Bank of Tuva.

Also, President of the Association of Russian Banks, member of the Board of Directors of the National Bureau of Credit Histories Garegin Tosunyan commented in an interview with NSN on the proposal to prohibit the issuance of loans through mobile applications.