The Central Bank of Russia revoked the banking licence of Tavrichesky Bank (JSC) after its Board of Directors terminated the Deposit Insurance Agency’s (DIA.RF) participation plan in measures to prevent the bank’s bankruptcy, citing no prospects for further financial resolution. The licence was withdrawn on the grounds of a full loss of equity capital, including capital adequacy ratios falling below 2% and equity capital dropping below the minimum authorised capital level set at registration. DIA.RF was appointed as provisional administrator and the bank’s executive bodies were suspended pending the appointment of a receiver or liquidator. Tavrichesky Bank ranked 60th by assets in the Russian banking system, and as a participant in the deposit insurance system its depositors are eligible for compensation of 100% of balances up to RUB 1.4 million per depositor (including accrued interest); the central bank’s preliminary estimate indicates first- and second-priority creditor claims can be satisfied in full after asset sales during liquidation.
Central Bank of Russia 2025-09-03
Central Bank of Russia revokes Tavrichesky Bank licence after ending DIA.RF bankruptcy prevention plan
The Central Bank of Russia revoked Tavrichesky Bank's licence due to a complete loss of equity capital and inadequate capital ratios. The Deposit Insurance Agency was appointed as provisional administrator, with depositors eligible for compensation up to RUB 1.4 million. Tavrichesky Bank, ranked 60th by assets, is expected to satisfy first- and second-priority creditor claims in full after asset liquidation.