Bank Of Russia Revokes Licenses Of Three More Banks – ValueWalk Premium
Bank of Russia Ponomaryov

Bank Of Russia Revokes Licenses Of Three More Banks

The Bank of Russia said today it has revoked the licenses of three more lenders due to shady financial activities.

Russia’s central bank has revoked the licenses of three banks viz: Investbank, Smolensky bank and Project Finance bank.
Regulatory crackdown
According to Andrey Ostroukh of The Wall Street Journal, Russia is trying to clamp down . . .

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