The decision of the Bank of the RF CB "Transnational Bank", CJSC "Mortgage Bank" and "Pacific Vneshtorgbank" has ceased banking operations. It was the result of holding risky credit policy, providing false statements and improper economic transactions.

"The Bank of Russia informs about the decision about the response from 13 April 2015 license to the embodiment banking transactions from the credit institution Commercial Bank "Transnational Bank" (limited liability company)", - is told in the news Department of public relations of the regulator.

Review associated with non-compliance of Federal laws regulating banking activity and conducting high-risk lending policy to deploy capital into low-quality assets. Additionally Transnational Bank has provided Bank of the Russian Federation incorrect statements by hiding the true economic situation.

The Central Bank revoked the license of a credit organization closed joint stock company "Mortgage Bank". She conducted high-risk lending policy was also a facilitator in conducting suspicious transactions whose primary purpose was the elimination of capital abroad in significant quantities.

The largest Bank in Sakhalin also lost his license, according to information of public relations of the regulator. Pacific Vneshtorgbank pursued a high-risk policy, even associated with the lending business, the main owner of the Bank. Compliance with the requirements of the Supervisory authority on the formation of reserves adequate to accepted risks, led to a complete loss of the credit institution's own capital.
sections: Economics