History
1994: Obtaining banking license
By JSB Intrast Bank (JSC) it is created in 1994.
In 2011 the bank had 4 branches in the cities: St. Petersburg, Samara, Voronezh and Volzhsky. The bank was an official dealer in the market of government securities and the member of the Association of Russian Banks, Moscow Banking Association.
2014: Revocation of license
The Bank of Russia informs on the made decision on a response since September 16, 2014 licenses for banking operations at credit institution Intrastbank.
The decision on revocation of license of Intrastbank is made in connection with non-execution by credit institution of the federal laws regulating banking activity and also regulations of the Central Bank. Intrastbank lost liquidity and in this regard could not provide timely obligation fulfillment before creditors. And internal control rules of Intrastbank did not conform to requirements of regulations of the Central Bank.
Besides, according to the Central Bank, Intrastbank was involved in carrying out doubtful non-cash transactions in large volumes. And the management of credit institution did not undertake measures for normalization of its activity and recovery of a financial position. In this regard the regulator the order appointed in Intrastbank temporary administrations and suspended powers of executive bodies of bank.
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