Central Bank asks court to declare bank Yugra insolvent

Central Bank asks court to declare bank Yugra insolvent
According to the interim administration’s report, a "hole" of 7 billion rubles was found in the capital of Yugra Photo: М. Stulov / Vedomosti

The regulator's application was registered by the Moscow Arbitrazh Court.

The Central Bank appealed to the capital's commercial court with a statement on the bankruptcy of the Yugra Bank. The corresponding document is placed in the electronic file cabinet of the court.

As the CrimeRussia previously wrote, the regulator revoked the license from the financial institution on July 28, two weeks earlier the bank introduced a temporary administration and imposed a moratorium on payments to creditors. The founders of the bank and the Prosecutor General's Office tried to challenge the actions of the Central Bank, but the regulator continued to insist on the financial insolvency of the credit institution.

In particular, according to the report of the interim administration, a 'hole' of 7 billion rubles was found in Yugra's capital. In addition, it was found that the volume of loans granted to borrowers associated with business projects of bank owners as of July 1 was almost 90% of the loan portfolio.

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