Banks

These operations bear the evidence of siphoning off and substitution of liquid assets by assignment of claims on corporate and household loans in the amount of over 3.7 billion rubles to legal entities looking like shell companies.

Bank of Russia revoked the banking licence of the Moscow-based credit institution Limited Liability Company Westinterbank or Westinterbank LLC (Registration No. 3398) from 27 October 2016.

Bank of Russia revoked the banking licence from the Krasnodar-based credit institution Commercial Bank Kuban Universal Bank, limited liability company, or CB Kuban Universal Bank LLC (Registration No. 2898) from 27 October 2016.

Bank of Russia revoked the banking licence from the Moscow-based credit institution Investment Commercial Bank Entuziastbank, limited liability company, or LLC ICB Entuziastbank (Registration No. 3048) from 27 October 2016.