In 2008, lost their licenses to 33 Russian bank

Bank of Russia withdrew in 2008, the licenses of 33 commercial banks, said yesterday in an interview with reporters director of the department of licensing and financial rehabilitation of credit institutions the Central Bank of Russian Federation Mikhail Sukhov. According to him, last year the central bank had imposed a ban on attracting deposits by six banks. Subsequently, three of them have been revoked licenses for banking activities. In 2007 he was introduced a similar ban for seven banks. Subsequently, four of them were revoked licenses. As noted by Sukhov, last year's financial problems were experienced by 40 banks. Of them, 21 banks had been sanitized, and in 19 out of 40 were revoked licenses. Total liabilities of these 19 banks as of October 1, 2008 amounted to 55.3 billion rubles, or 0.27% of total liabilities of the banking system. Scope of the obligations of the bank amounted to 21 sanitized at the same date 744.4 billion rubles, or 3.68% of total liabilities of the Russian banking system, ITAR-TASS. The amount of deposits in 19 banks lost their licenses totaled 19 billion rubles, or 0.32% of total deposits. The amount of deposits in 21 banks, which have been sanitized, was 190.3 billion rubles, or 3.24% of total deposits. As noted by Sukhov, amount of insurance reimbursement for the 19 banks was 13,5 billion rubles.