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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Czech central bank withdraws licence of Russian bank ERB

    Lobo
    Lobo
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    Czech central bank withdraws licence of Russian bank ERB Empty Czech central bank withdraws licence of Russian bank ERB

    Post by Lobo Mon 24 Oct 2016, 11:56 am

    Czech central bank withdraws licence of Russian bank ERB


    Oct 24 The Czech central bank said on Monday it had withdrawn the licence of ERB, a small Russian-owned bank operating in the Czech market.

    The market regulator cited non-functioning control systems and buying bonds in violation of the law as the main reasons for the revocation. It said it would submit a court proposal for naming a liquidator of ERB.

    The central bank had said on Oct. 11 that ERB had failed to meet obligations and depositors could claim compensation for losses from the national deposit insurance scheme. (Reporting by Jason Hovet; editing by Jason Neely)

    http://www.reuters.com/article/czech-erb-idUSP7N1AK003

      Current date/time is Tue 19 Mar 2024, 4:47 am