Central Bank revoked licenses from two Moscow banks

 This was reported on the website of the regulator.

“The Bank of Russia informs about the decision on the cancellation of the license for banking operations with the credit institution Bank Kuznetsky Most from July 17, 2020,” the statement said.

It is specified that the basis for canceling the license of Prominvestbank JSCB is the decision of the general meeting of shareholders on its voluntary liquidation.

Earlier it became known that the Central Bank revoked the license of the credit institution “People’s Bank of Tuva”.