Cbank cancels license of Moscow-based Slavyanski Credit bank

MOSCOW, Aug 21 (PRIME) -- The central bank has cancelled the banking license of Moscow-based Slavyanski Credit bank on the bank’s request linked to its voluntary liquidation, the regulator said on Friday.

Slavyanski Credit bank ranked 287th in Russia by assets as of August 1.

The Deposit Insurance Agency (DIA) said payments to the bank’s depositors will begin no later than on September 4.

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