Moscow court declares top-100 Rosenergobank bankrupt

MOSCOW, Jun 29 (PRIME) -- The Moscow Arbitration Court declared bankrupt Rosenergobank, 92nd largest country’s bank by assets as of March 1, which lost its license in April, on Thursday.

The court launched bankruptcy management procedures for one year. The Deposit Insurance Agency (DIA), appointed as the bankruptcy manager, must present a report on June 29, 2018.

The central bank said in late May that the capital gap of the bank is 23.5 billion rubles. The bank’s assets stood at 18.71 billion rubles, while liabilities reached 42.21 billion rubles.

(59.5415 rubles – U.S. $1)

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