The Central Bank has approved Sobinbank investor rehabilitated the Crimean GenBank
The Bank of Russia approved the Sobinbank investor rehabilitated the Crimean GenBank, according to a press release regulator.
“The Bank of Russia approved amendments to the participation plan of the state Corporation “Agency on insurance of contributions” in the implementation of measures on prevention of bankruptcy of joint-stock companies “GenBank”… In accordance with the decision made, the investor is defined JSC “Sobinbank”, – stated in the message. Media: the Central Bank will pay for the losses of the budget in “Otkrytie”, Bank and GenBank
Of the Central Bank in August introduced a temporary administration in GenBank to enhance its financial stability. The regulator noted that GenBank had accumulated and the problems with financial regulation, and quality control. In GenBank was then informed that as the investor will be invited Sobinbank, part of a group of Bank “Russia”, the main owner of which is businessman Yury Kovalchuk.
GenBank is one of the largest banks in the Crimea, includes over 100 structural units, represented in almost all settlements of the Peninsula. According to RIA Rating, on November 1, GenBank held the 139-th place in the Russian banking system with assets of 29 billion rubles, the Bank “Russia” – 16-th place with assets 783,5 billion, Sobinbank – 157 th place, with assets of 22 billion rubles.