Updated at 11:50,16-10-2017

Delta Bank’s licence gets cancelled

Euroradio

The organization will not be able to render banking services anymore.

The National Bank has deprived Delta Bank of its licence today, on March 18.

The decision is based on the information presented by the temporary administration of Delta Bank, the National Bank reports. The bank has failed to stick to the license terms and could not fulfil its duties for bank depositors and other creditors.

Rouble deposits will be returned to depositors according to the law. The information about the time and dates will be published in mass media by the Agency for Return of Deposits.