Over 10 years Central Bank revoked licenses of 463 banks
The greatest number of licenses revoked accounts for 2015.
Over ten years (starting in January 1, 2006), the Central Bank revoked the licenses of 463 banks, the regulator's website informs. The greatest number of banks was closed in 2015 (93); in 2014, 86 banks were closed. The lowest number of licenses was revoked in 2011 (18), and in 2012 (22).
Last year, Central Bank ceased the activity of 34 banks, engaged in money laundering and illegal withdrawal of money abroad. In 2015, there was a sharp increase in the number of credit institutions, which had lost their licenses due to poor financial situation. For example, 29 banks stopped working due to capital loss. At the same time, the proportion of financial institutions, which had lost confidence in the Central Bank due to stable insolvency reduced by half – from 26 in 2014 to 13 in 2015.
According to the Central Bank, as of September 1, there were 656 credit organizations working in Russia.
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