Alzhan of CB

"  The large deals performed by LLC CB Alzhan in the second half of February of the current year directed to  substitution of a considerable part of assets led to  loss of liquidity and  inability of bank to timely fulfill obligations to creditors that entailed emergence of the bases for implementation of measures for  warning of insolvency (bankruptcy) of credit institution. Besides,  LLC CB Alzhan repeatedly allowed violations of requirements of the Federal   law "About Counteraction of Legalization (Washing) of Income Gained in the Criminal Way and to Terrorism Financing"  regarding completeness and  correctness  of the data represented to authorized body on  the transactions which are subject to mandatory control" — explained in the Central Bank.

Heads and owners of bank did not take effective measures on normalization of its activity, moreover, in their actions the signs of unfair behavior which were expressed in an output of assets with damage to the interests of creditors were traced.

According to data of the reporting, on  the value of assets for February 1, 2018 of Alzhan took the 517th place in  a banking system of the Russian Federation. The bank  is not a participant of deposit insurance system.

The Limited Liability Company (LLC CB Alzhan) Alzhan commercial bank was created on September 13, 1993. Financial institution had four branches in the North Caucasian Federal District, performed crediting of legal entities, individual entrepreneurs and individuals, rendered a range of services to legal clients, including bank guarantees and remote service. In plans of bank was: increase in authorized capital, obtaining the currency license, development of retail business and a branch network across North Caucasus federal district.