Cbank allows Auchan’s Oney Bank to attract private deposits
MOSCOW, Feb 20 (PRIME) -- Russia’s central bank has issued a license to Oney Bank, part of French retailer Auchan’s group of companies, that allows it to take money from individuals on deposits in the bank nominated in rubles or foreign currency, the regulator said in a statement on Monday.
According to the legislation, the bank became a participant of the deposit insurance system, which means that each depositor will receive redemption of up to 1.4 million rubles if an insured event occurs.
Oney Bank launched operations in Russia in 2013, and its long-term strategy is to create a stable banking business for servicing corporate clients and individuals, the bank said on its Web site.
(57.6342 rubles – U.S. $1)
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20.02.2017 12:31