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Russia’s Central Bank revokes Evrotrust’s license

11.02.2014 12:35

Russia’s Central Bank revokes Evrotrust’s license

YEREVAN, February 11. /ARKA/. The Central Bank of the Russian Federation has revoked the license of Evrotrust (European Trust Bank) for banking operations.

At the end of 2013 mass media reports said the bank had problems and stopped accepting deposits from individuals due to worsened economic situation in Russia. At the end of December the bank started registering clients to pay deposits back.

In early January clients of Evrotrust Moscow branch complained about problems when withdrawing money through ATMs, RBC reported.

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