In April, 2018 the Central Bank revoked the license from bank. They explained revocation of license of the Russian Trade Bank with the fact that, according to them, the business model of this credit institution in itself "had high risk character and was focused on crediting of economically related and also technical companies". "A number of borrowers had signs of coherence with bank. At the same time the credit institution did not perform the requirement of supervisory authority about reflection in the reporting of a real financial position and submitted to the Bank of Russia significantly the false reporting hiding existence in its activity of the bases for implementation of measures for warning of insolvency (bankruptcy)" — explained in the Central Bank, having noticed that the regulator repeatedly applied measures of supervising reaction in the relation and Logos bank, and the Russian Trade Bank.
However after that owners of financial institutions as counted in the Central Bank, "did not take effective measures" on normalization of work of banks. At the same time in actions of the management of the Russian Trade Bank, according to the Central Bank, including "signs of unfair behavior which were expressed in an output of assets with damage to the interests of creditors and investors were traced". This information the regulator as it is specified in the message of the press service, sent to law enforcement agencies.
The difference between assets and liabilities of the Russian trade bank from which on April 20 the Central Bank revoked the license exceeded 4.4 billion rubles, follows from materials of the Bank of Russia. According to data of the regulator, liabilities of bank exceed 7 billion rubles, and the volume of assets is about 2.6 billion rubles.
The regulator noted that in activity of the Russian trade bank signs of unfair behavior of the management and owners who said in an output of assets with damage to the interests of creditors and investors of RTBK were traced. The Central Bank also reported that the business model of bank had high risk character and it was focused on crediting of economically related and also technical companies.
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