Central Bank revoked licenses of two Moscow banks

Central Bank revoked the licenses of two Moscow banks

Russian central bank on Friday, May 27, announced the recall of licenses to conduct banking activities in another two Moscow credit organizations.

This time, in sight of the regulator were JSC “Development Bank of Technologies” (CB “BRT”) and CJSC “EuroAxis Bank“.

As explained in the press service of the regulator, the banks have not kept the regulating banking activities the federal laws and regulations of the Bank of the CBR.

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