The Russian Central Bank has revoked the licenses of Purpe, CreditBank and Utika

Центробанк РФ отозвал лицензии Пурпе, Кредитбанка и Ютикпэй

The Central Bank, led by Elvira Nabiullina has revoked the licenses of banks Purpe (Tyumen) and CreditBank (Elista), as well as non-Bank credit organization Utika (Moscow) in connection with their participation in “suspicious” Bank transactions. In all of these organizations will be appointed a temporary administration to the choice of the liquidator or liquidator. Since June 2013 the Central Bank revoked the licenses of 100 credit institutions. The report does not say whether a criminal investigation in relation to the identified violations. // Moscow// 16/10/2014, Source: Rossiyskaya Gazeta , Interfax

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