On revocation of banking licence
Due to the repeated violations by the Moscow-based credit institution joint-stock company Professional Bank or JSC ProBank over the past year of the requirements of Article 7 (except for Clause 3 of Article 7) of the Federal Law ‘On Countering the Legalisation (Laundering) of Criminally Obtained Incomes and the Financing of Terrorism’, guided by Article 19, Clause 61 of Part 1 of Article 20 of the Federal Law ‘On Banks and Banking Activities’, and Part 11 of Article 74 of the Federal Law ‘On the Central Bank of the Russian Federation (Bank of Russia)’, the Bank of Russia took a decision (Order No. OD-1107, dated 20 May 2015) to revoke from 20 May 2015 the banking licence from the credit institution joint-stock company Professional Bank (Bank of Russia Registration No. 2471, date of registration — 25 August 1993).
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20.05.2015 00.00.00