After Tatfondbank: latest Russian Central Bank licensing moves show tightening, even for state banks

RUSSIA / FSU POLITICS - Report 23 Mar 2017 by Alex Teddy and Alexei Panin

Following Tatfondbank’s license revocation in early March, the Central Bank of Russia has shown not only its appetite for closing private pocket banks, but also its readiness to tackle criminal mismanagement of assets in larger state-owned institutions.

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