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First Republic Bank

Company

Content

History

1992: Obtaining license of the Central Bank

The First Republic Bank open joint stock company is registered on March 27, 1992, was universal financial credit institution. General license of the Bank of Russia No. 1730 of September 28, 2007 for banking operations.

2014: Revocation of license

The Bank of Russia revoked in May, 2014 a license for banking operations from JSC First Republic Bank, says the regulator. The license is revoked since May 5, 2014.

The decision on revocation of license is made in connection with non-execution by credit institution of the federal laws regulating banking activity and also regulations of the Bank of Russia, inability to meet requirements of creditors for monetary obligations, considering application of measures, repeated within one year, provided by the federal law "About the Central Bank Russian Federation (Bank of Russia)" informs the Central Bank.