Second in a week: why the Central Bank revoked the license of Hephaestus Bank. Liquidation of the company may take at least a year, and its investors will be returned 100% of the balance in their accounts, but not more than 1.4 million rubles.
As the regulator clarified, in terms of assets the company occupied only 336th place in the Russian banking system. The Bank of Russia resumed the practice of revoking licenses after a year and a half break. However, in his opinion, we should not yet expect a massive purge of the banking sector.