HALISTER1: Bank of Russia Revokes License of Moscow-based Rosavtobank

Bank of Russia Revokes License of Moscow-based Rosavtobank

(Bloomberg) -- License is revoked for high-risk lending policy without adequate provisioning, violation of anti-money laundering legislation, Bank of Russia says in statement on website.
  • Rosavtobank was #254 by assets of Feb. 1
  • NOTE: Link to statement (in Russian)
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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0964076D RU (KB Rosavtobank OOO)

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