Business News

The securities Commission has revoked the licenses of 22 banks

Written by credit

NSSMC said that the licenses cancelled in connection with the failure of banks and financial companies activities in the stock market during the year

The national Commission on securities and stock market (NKTSBFR) following the meeting on 27 April annulled the 11 banks and 11 financial companies the license to perform professional activity on the stock market. About it reports a press-service of the Commission.

So, “Oschadbank”, “Citibank” and “Bank ¾” revoked licenses for securities management and underwriting, “Ukrgasbank” and “Taskombank” – the management of securities, Bank “unison”, “Land capital” and “trust capital” – for dealer activity, “Deutsche Bank DBU” and the Bank “Family” – for brokerage activities, as well as “Alfa-Bank” in underwriting.

In addition, the regulator canceled the licenses of financial companies “Altana Capital”, “PI securities”, “Millennium Capital”, “IR A. I. S. T. – invest” (all – by underwriting), “Zaporizhstal-AG”, “planet Service”, “Phoenix” (all at dealer), “Information-Depositary center, “global”, “Kiev-dealer” (both for activities on securities management), “Board” – the securities on Depository activity and “Stokmarket-invest” with brokerage activities.

About the author


Leave a Comment