This decision was made by the regulator due to the fact that the financial institution violated "federal laws governing banking, as well as regulations of the Bank of Russia."
"In particular, he underestimated the amount of reserves required for the formation of reserves for possible losses, in connection with which the regulator has repeatedly applied measures against him over the past 12 months, including imposing restrictions on attracting funds from individuals," the Central Bank said.
In October, the Central Bank revoked Rosbusinessbank's license. According to the regulator, the financial institution violated a number of federal laws, including in the area of combating money laundering.