Since 2013, the Bank of Russia has been applying the practice of revoking licenses from unscrupulous commercial banks. Absolutely any bank can fall under liquidation if its manager follows a risky lending policy.
If a bank does not have a sufficient amount of liquid assets to fulfill its obligations, it falls into the liquidation risk group and is blacklisted by the Central Bank of Russia.
What is a bank blacklist?The blacklist of banks is a kind of list of commercial credit institutions that the Bank of Russia has taken under supervision. Simply put, the blacklist includes those whose license the Central Bank can revoke.
Officials claim that there is no official blacklist, but experts know of some credit institutions that have big problems. Thus, the blacklist is not a clear list of banks from which the Central Bank will 100% revoke their licenses; it is more like a rating of unreliable banks, which was compiled by experts based on announced warnings from the Bank of Russia.
The Central Bank of Russia will never issue official information about future liquidation of banks or those on the verge of bankruptcy, since this could lead to a sharp outflow of deposits.
List of banks whose license may soon be revoked
In the near future, about 50 banks may lose their licenses. The following credit institutions were included in the unofficial blacklist:
- LLC KB "Agrosoyuz";
- PJSC "Asia-Pacific";
- PJSC AktivCapital;
- PJSC JSCB "Accent";
- LLC "BCC-Moscow";
- JSC "Bank Voronezh";
- FPK "Garant-invest";
- LLC KB "Kansky";
- MBA-Moscow LLC;
- LLC "Bank Orange";
- JSC CB "Tula Settlement Center";
- JSC "GreenComBank";
- LLC KB "European Standard";
- JSC JSCB "Inkarobank";
- JSC CB "Interprombank";
- JSC Interprogressbank;
- JSC "Kemsotsinbank";
- LLC CB "Kreditinvest";
- LLC CB "Credit Express";
- JSC JSCB "Krylovsky";
- LLC KB "Lightbank";
- JSC Nefteprombank;
- CJSC "NovakhovCapitalBank";
- LLC CB "Nekliks-Bank";
- Pir Bank LLC;
- PJSC "Plus Bank";
- PromTransBank LLC;
- PJSC CB "PFS-Bank";
- PJSC NCB "Radiotechbank";
- JSC "RTS-Bank";
- JSC Runetbank;
- LLC CB "Russian Trade Bank";
- LLC KB "Sinko";
- JSC "Solid";
- PJSC KB "Spurt";
- PJSC KB "Sputnik";
- PJSC IKB "Stavropolpromstroybank";
- PJSC Taganrogbank;
- JSC JSCB "Texbank";
- JSC JSCB "Tender-Bank";
- JSC "Tembr-Bank";
- PJSC "Uraltransbank";
- JSC "Export-Import"
This list is not a list of banks subject to liquidation, however, the Central Bank conducts special monitoring of these organizations.
Main reasons for revoking a licenseOnly the Central Bank of the Russian Federation can revoke a license from a credit institution. The main organization that manages all banking activities in our country analyzes the suspicious activities of an unreliable bank and makes a decision based on the facts obtained during the audit.
If the decision to revoke a license is based on sufficiently strong evidence, then the situation cannot be corrected and the bank will be liquidated.
The main reasons for license revocation are as follows:
- Violation of the laws of the Russian Federation and the requirements of the Central Bank;
Money fraud: fraud, money laundering, financing of terrorism or crime; - Gross errors in reporting, provision of false information, concealment of existing sources of income;
- Failure to fulfill obligations to bank clients: both individuals and legal entities (refusal to pay a deposit or repay a loan);
- Investing in risky assets: shares or bonds of unreliable, dubious organizations;
- Reduction of the authorized capital below the level established by the Central Bank;
- Decline in a banking organization’s own funds due to any reason.
If during the inspection of the Central Bank at least one of the reasons is revealed, the financial institution may lose its license to operate.
Find out also the latest data on the inflation level in Russia. This is extremely important for those who plan long-term cooperation with the bank (opening a deposit, obtaining a mortgage).
No rating
If I hadn’t received calls from the bank and from dubious financial institutions, I would not have written this review. At one time, I transferred money to RTB and immediately they started calling from dubious financial institutions and offering dubious actions. At first I intelligently rejected the offer, but then every day I answered calls of this kind more and more harshly. Then the callers began to slowly take revenge on me by leaving requests on the RTB website about the terms of the deposit in general, then specifically about the terms of the deposit in which I have money. Now, of course, they keep bothering me with calls from RTB. Explaining to callers from RTB every time that I did not request return calls on deposits, and then making return claims on calls and telling the same story, I don’t have the nerves. But I have no doubt that the data leak is coming from RTB. Since it was after the transfer of money to this bank that everything began, and that financial hooligans and scammers leave requests on my behalf on the RTB website also speaks to this.
In the 90s, bank employees generally handed over data to the bandits about who withdrew money and how much and at what address they lived - that was the case. I do not rule out that all this is beneficial for RTB itself. The deposit was made at a fairly high percentage and you still have to return it in due time - but you don’t want to! The bank thus creates unbearable conditions for the depositor and the depositor, simply unable to withstand his nerves, withdraws his deposit, naturally, losing% of the deposit. Thus, RTB Bank manages the depositor’s money for almost nothing for some time, paying him a meager percentage per annum.
RTB is also doing an interesting thing under the terms of the current Deposit Agreement “Without % loss”. There, instead of 1825 days, the depositor is prescribed 1826 days to withdraw his deposit. The depositor withdraws the deposit after 1826 days, and interest on the deposit is accrued to him for a period of 1825 days. It turns out that the deposit remains with the bank for 1 day without accruing interest. RTB rotates this deposit for 1 day at its discretion, and so on for each depositor separately. It turns out a lot of free money for RTB. At one time I pointed this out to RTB on the phone. They called me and said that I was right, but then nothing was changed in the contracts, everything was left unchanged - Why? After all, there was no publicity, few people noticed, let’s move on!
Russian Trade Bank is a small credit organization that serves corporate clients and individuals. The bank actively conducts foreign exchange transactions and attracts citizens' funds into deposits. The latter are the largest source of the bank's financial liabilities. Russian Trade Bank was established back in 1994. At the first stages of its activity, it provided services as Spetsinvestbank. The financial enterprise received its current name only in 2010.Deposits for individuals of the Russian Trade Bank are issued under various conditions. A wide range of deposits allows you to choose the most optimal option for any client. Attractive deposit rates allow you to get good profits. Some deposit programs include capitalization. In this case, the accumulated interest is automatically added to the main account. The frequency of such a procedure is determined by the conditions of the specific program. Most often this happens every month or quarter. Payments are made at the end of the specified period.
The line also includes multi-currency deposits. Their special feature is the ability to convert an account into another currency. This option allows you to minimize possible losses caused by currency fluctuations. Interest rates on deposits of this type will not be too high.
Some program variations include an automatic renewal option. At the same time, cooperation continues on the same terms.
Bank contacts
On the mapBank branch ATM Several nearby facilities
A “black list” of credit institutions has appeared on the Internet, which may remain without a license by July 1, 2017. Observers consider this list of 60 banks to be 90% fake.
For quite a long time there were no such lists. Everything was quiet and calm. No, of course, banking analysts had in mind a couple of banks that were not doing very well at this particular moment in time. But that's exactly what - a couple or three. But not sixty pieces.
And now, the grace for PR services of banks has ended. A list of banks whose licenses will allegedly be revoked before July 1, 2017 has appeared on the Banking Analysts Forum. Among these banks there are names of those very “two-three” who really are not doing very well. And in relation to whom the seditious thought may creep in that they do not have long to live. It is not a fact that exactly before June 1, but by the end of 2017, their fate will be decided by the regulator.
Most of the names mean little to the vast majority of the inhabitants of our vast country. Even many analysts are unlikely to say what’s really going on in these banks, because they don’t keep an eye on such little things.
But that's not even the main thing. The main thing is the number of banks on the blacklist and the period during which, according to the creators of the list, they can be killed by the regulator. Sixty banks in the remaining twenty days of June? This is impossible. This is unthinkable. Even in the worst times for Russian banks, the Central Bank revoked five licenses a week. Per week, not per day.
So, this blacklist of banks is 99% fake. Well, maybe not ninety-nine, but “only” 90%. However, it is worth citing purely for information, history, and verification purposes. In twenty days we will check how many names from this list will actually lose their license.
Agrosoyuz, Asian-Pacific Bank, Aktivkapital Bank, Accent, Altyn, Arsenal Bank, Quince Bank, BCC-Moscow, Voronezh, Garant-invest, Innovation and Development, Kansky, IBA-Moscow, Orange, Pervomaisky, Premier Credit, Trade Finance Bank , Tula Settlement Center, BBR Bank, Greencom, European Standard, Inkarobank, Interprombank, Interprogresbank, Kemsotsinbank, Kreditinvest, Credit Express, Krylovsky, Lightbank, Legion Bank, International Construction, International Stock, Mo***bank, RAKB, Nefteprombank, Novakhovkapital Bank, Nekliks, Pir, Plus Bank, Industrial Transport, PFS Bank, Radiotechbank, Riabank, Ritz Bank, Rosbusinessbank, RTS-Bank, Runetbank, Russian International, Russian Trade Bank, Sibes, Sinko Bank, S***d, Spurt, Sputnik, Stavropolpromstroybank, Steel Bank, Taganrogbank, Texbank, Tender Bank, Timbre Bank, Uraltransbank, Export-Import Bank.
How many rumors will appear in the near future: that Uralsib Bank is closing in 2018, and Home Credit Bank will soon be closed, and Russian Standard Bank has already closed, and Orient Express Bank is closing in 2018. Such conversations are rather a consequence of the client’s unpleasant experience in the bank than plausible statements.
Judging by the reviews and comments of users, the banks are to blame, even if the client himself is late in payment or has signed an unfavorable agreement with an inflated interest rate on the loan. Yes, banks take advantage of financial illiteracy and arrogance of clients, but let's be honest: we ourselves are to blame for our troubles.
How to understand that a bank will closeLeaks from the Central Bank of Russia often help determine which financial institution will close, namely:
- news of the upcoming revocation of licenses of financial organizations,
- rumors about the introduction of a temporary administration,
- downgrading of rating agencies that are directly subordinate to the Central Bank of Russia,
- problems with receiving cash from ATMs and cash desks of financial institutions, etc.
The Central Bank, as a mega-regulator, has much more leverage and forecasting tools than we used to think. Using the example of organizations that compose ratings, one can already guess about the problems of the bank or the attitude of the Central Bank of the Russian Federation towards it. Licenses are not simply revoked; this is preceded by clear events: poor reporting by credit institutions, holes in the balance sheet, flight of directors with capital abroad, difficulties in obtaining cash, etc. Therefore, when assessing the possible bankruptcy of a bank, assess the likelihood of license revocation based on the points indicated above.
List of reliable banks for 2018Below we give a forecast of which banks will not close in 2018 in Russia. The list was compiled based on each bank's deposits, branch network, volume of assets and loans issued. The rating will be useful, first of all, to investors in bank deposits.
Bank rating by assets:It is unlikely that the listed banks will close in the near future. Mergers are possible, but the licenses of these banks will most likely not be revoked. It is noteworthy that in terms of profit rating the list of banks remains the same, with the exception of the National Clearing Center, which was replaced by RosBank.
From this list, Alfa-Bank stands out as a strong commercial bank; the bank’s management has no plans to close in 2018, moreover, this bank is one of the top three in terms of cash turnover at ATMs - right after Sberbank and VTB.
Bank ratings for consumer loans:In this list we see loans issued to ordinary users for consumption. The Orient Express looks special among the market giants. Whether the bank closes or not in 2018 - we’ll wait and see, we must carefully read loan and deposit agreements, monitor the financial statistics of banks, including the ratio of loans and attracted deposits.
It is not easy to predict the closure of banks in Russia in 2018; the list of unreliable banks changes every 2-4 weeks. We will share statistics based on which you can decide for yourself whether the bank will go bankrupt in the near future or not.
Bank reliability rating by assets for January 2018| Place | Bank | Capital, million rubles |
| 1 | SBERBANK OF RUSSIA | 1945905833 |
| 2 | VTB | 948588518 |
| 3 | VNESHECONOMBANK | 368584340 |
| 4 | GAZPROMBANK | 333854635 |
| 5 | ROSSELKHOZBANK | 217650802 |
| 6 | VTB 24 | 178226766 |
| 7 | ALFA BANK | 175492362 |
| 8 | BANK OF MOSCOW | 161241774 |
| 9 | UNICREDIT BANK | 129894505 |
| 10 | FC OTKRITIE | 120347672 |
| 11 | ROSBANK | 115723340 |
| 12 | RAIFFEISENBANK | 103022027 |
| 13 | PROMSVYAZBANK | 59255680 |
| 14 | CITIBANK | 56344583 |
| 15 | MDM BANK | 55073976 |
| 16 | KHANTY-MANSIYSK BANK OPENING | 46766584 |
| 17 | BANK "SAINT-PETERSBURG | 46358807 |
| 18 | CREDIT BANK OF MOSCOW | 43847588 |
| 19 | URALSIB | 43442887 |
| 20 | HKF BANK | 42799327 |
| 21 | RUSSIA | 40552281 |
| 22 | AK BARS | 38961154 |
| 23 | RUSSIAN STANDARD | 38919484 |
| 24 | NATIONAL CLEARING CENTER | 37861245 |
| 25 | NORDEA BANK | 32884937 |
| 26 | ING BANK (EURASIA) | 31803253 |
| 27 | SVIAZ-BANK | 30072189 |
| 28 | OTP BANK | 27875411 |
| 29 | ZENITH | 26041511 |
| 30 | ABSOLUT BANK | 25940565 |
| 31 | REVIVAL | 24366352 |
| 32 | SME BANK | 24203509 |
| 33 | EASTERN EXPRESS | 23975208 |
| 34 | BINBANK | 23604038 |
| 35 | MOSCOW INDUSTRIAL BANK | 23347403 |
| 36 | MTS-BANK | 23034031 |
| 37 | CENTROCREDIT | 22365230 |
| 38 | RUSFINANCE BANK | 21468541 |
| 39 | ROSEVROBANK | 21174183 |
| 40 | SOVCOMBANK | 19974792 |
| 41 | GLOBEX-BANK | 19491904 |
| 42 | PETROKOMMERTS | 19486998 |
| 43 | TKS BANK | 18544242 |
| 44 | TRANSCAPITALBANK | 17511470 |
| 45 | OBVERSE | 17056782 |
| 46 | NORTHERN SEA ROUTE | 16918862 |
| 47 | CREDIT EUROPE BANK | 16729973 |
| 48 | Deutsche Bank | 16633272 |
| 49 | VNESHPROMBANK | 16225135 |
| 50 | VANGUARD | 15332684 |
| 51 | TATFONDBANK | 15015233 |
| 52 | RUSSIAN CREDIT | 14832971 |
| 53 | DELTACREDIT | 14815839 |
| 54 | YUGRA | 14721565 |
| 55 | RUSSIAN CAPITAL | 14195154 |
| 56 | BANK OF TOKYO-MITSUBISHI YUFJEY (EURASIA) | 13705000 |
| 57 | CREDIT SUISSE BANK (MOSCOW) | 13547018 |
| 58 | UBRIR | 13014328 |
| 59 | MIZUHO CORPORATE BANK (MOSCOW) | 12687309 |
| 60 | INVESTMENT TRADE BANK | 12515944 |
| 61 | BANK ROSGOSSTRAH | 12468960 |
| 62 | ASIAN-PACIFIC BANK | 12375681 |
| 63 | RENAISSANCE CREDIT | 11973535 |
| 64 | INTESA | 11951626 |
| 65 | J.P. MORGAN BANK INTERNATIONAL | 11854580 |
| 66 | HSBC BANK (RR) | 11698156 |
| 67 | COMMERTZBANK (EURASIA) | 11679538 |
| 68 | ZAPSIBCOMBANK | 11309207 |
| 69 | SKB-BANK | 11219725 |
| 70 | NATIONAL SETTLEMENT DEPOSITARY (NPO) | 11187390 |
| 71 | PERESVET | 11173648 |
| 72 | SUMITOMO MITSUI RUS BANK | 10824762 |
| 73 | NOVIKOMBANK | 10406528 |
| 74 | NOTA-BANK | 10305648 |
| 75 | SETELEM BANK | 10193181 |
| 76 | EUROFINANCE MOSNARBANK | 10161096 |
| 77 | LOKO-BANK | 10157816 |
| 78 | BANK BFA | 9263375 |
| 79 | PROBUSINESS BANK | 9117174 |
| 80 | CENTER-INVEST | 8974752 |
| 81 | TOYOTA BANK | 8862692 |
| 82 | VOLKSWAGEN BANK RUS | 8774530 |
| 83 | RN BANK | 8698937 |
| 84 | FONDSERVISBANK | 8651110 |
| 85 | NATIONAL RESERVE BANK | 8557474 |
| 86 | UNION | 8320551 |
| 87 | SURGUTNEFTEGAZBANK | 7934867 |
| 88 | Svyaznoy Bank | 7541645 |
| 89 | SUMMER BANK | 7517221 |
| 90 | MOSCOW MORTGAGE AGENCY | 7446504 |
| 91 | METCOMBANK | 7280143 |
| 92 | KUBAN CREDIT | 7216444 |
| 93 | EXPOBANK | 7072251 |
| 94 | METALLINVESTBANK | 6945672 |
| 95 | BNP PARIBATS | 6927725 |
| 96 | CHELINDBANK | 6852935 |
| 97 | CHELYABINVESTBANK | 6846837 |
| 98 | UNIASTRUM BANK | 6825478 |
| 99 | SOVIET | 6588398 |
| 100 | MERCEDES-BENZ BANK RUS | 6432118 |
