OREANDA-NEWS. The provisional administration of CB PRISCO CAPITAL BANK, JSC appointed by Bank of Russia , following revocation of its banking licence detected in the course of examination of the credit institution’s financial standing operations carried out by the bank’s former management which bear the evidence of moving out assets also through extending loans known to be unrecoverable to borrowers with dubious solvency and through performing claim assignment deals with credit institution’s related entities.

According to estimates by the provisional administration, the asset value of CB PRISCO CAPITAL BANK, JSC does not exceed 0.6 billion rubles, while its liabilities to creditors amount to 2.3 billion rubles.

The Bank of Russia has submitted the information on the financial transactions bearing the evidence of criminal offences conducted by the former management and owners of CB PRISCO CAPITAL BANK, JSC to the Prosecutor General’s Office, the Ministry of Internal Affairs and the Investigative Committee for consideration and procedural decision making.