Central regions | Finance, business

Vladivostokís Vostokbusinessbank loses banking license

19 Apr '11
The Bank of Russia has cancelled banking license of Vostokbusinessbank, based in Vladivostok, Primorsky region, news agency RIA Novosti reports.

The bank is reportedly included into the federal deposit insurance system.

Payments to the bank depositors are estimated at about $8.5-$9.2m, the news agency said.
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