“Yandex.Bank” refused the license to carry out depositary activities. The organization stated that it does not consider such services a priority and does not provide them at all. The bank’s license has already been cancelled, the Bank of Russia reported.
“Yandex.Bank” refused the license for depositary activity
Bank of Russia reported on the cancellation of Yandex.Bank’s license to carry out depositary activities. The decision was made “on the basis of an application for relinquishing a license.”
In “Yandex.Bank” declaredthat they do not consider such services a priority and do not provide them at all.
Hf the news about the cancellation of the license of Yandex shares was calmly adjusted, showing a decrease of 0.11%.
In March 2023, the Bank of Russia canceled the brokerage license of Yandex.Bank. The reasons for the bank’s refusal of a license were the same – the provision of these services is not a priority for the organization.
Yandex.Bank was launched on the basis of the former Acropolis bank, which Yandex bought in April 2021 for 1.1 billion rubles.
Cover photo: EO /
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Source: RB.RU by rb.ru.
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