Press Service

The Central Bank of the Russian Federation (Bank of Russia)

Press Service

12 Neglinnaya Street, Moscow, 107016 Russia;

On expanding activity of JSC SME Bank

On 7 March 2018, the Bank of Russia issued a universal banking licence to conduct ruble and foreign exchange transactions (with the right to take household deposits) and to take and place deposits in precious metals to the Moscow-based Joint-Stock Company Russian Bank for Small and Medium Enterprises Support or JSC SME Bank (Reg. No. 3340), a first-time applicant for this type of licence. In compliance with the effective law, JSC SME Bank becomes a participant of the deposit insurance system.

07 March 2018

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