“The Bank of Russia, by order of August 6, No. OD-1649, revoked the license to carry out banking operations from the joint-stock company“ KS BANK ”JSC“ KS BANK, ”the message says.
It is clarified that the decision was made in connection with the bank's violations of federal laws regulating banking activities.
The Central Bank said that in terms of assets, "KS Bank" ranked 176th in the domestic banking system.
Earlier it became known that the Central Bank of Russia from July 23 revoked the license to conduct banking operations from the Moscow NGO Russian Financial Society.