National Corporation Bank

2023: Ex-head of the National Corporation Bank received 4.5 years in prison for embezzlement of 236.1 million rubles

In December 2023, the Tushinsky District Court of Moscow found Grigory Matyunin guilty of embezzlement of 236.1 million rubles from the funds of the National Corporation Bank and sentenced the former chairman of the board of the financial organization to four and a half years in prison for especially large embezzlement (part 4 of article 160 of the Criminal Code). The state prosecutor requested four years in prison for Matyunin. The court also satisfied the civil claim of the Deposit Insurance Agency (DIA) and recovered the entire amount of damage from the banker in the case. Read more here.

2016: License Revocation

"The Bank of Russia informs about the decision to revoke the banking licence from March 17, 2016 from the credit institution National Corporate Bank, reg. № 3422, Moscow "

According to the Central Bank, the bank committed violations of banking legislation and Bank of Russia regulations when assessing credit risk.

In addition, the credit institution did not comply with the requirements of the legislation and regulations of the Bank of Russia in the field of countering the legalization (laundering) of proceeds from crime and the financing of terrorism. At the same time, the National Corporation Bank was involved in dubious, including transit operations. A temporary administration has been appointed to the bank.

The bank is a member of the deposit insurance system. In terms of assets, according to RIA Rating, as of January 1, 2016, it ranked 458th in the Russian banking system.