Russia’s central bank withdraws licence from Intercommerz bank

MOSCOW Feb 8 Russia’s central bank said on Monday it had revoked the licence of Commercial Bank Intercommerz, Russia’s 67th lender by assets, part of a long-running campaign to clean up the country’s financial sector. Despite the bad quality of its assets, Intercommerz had failed to assess….

Posted: 2016-02-08 07:37:00

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