OREANDA-NEWS. December 20, 2012. First Czech-Russian Bank received a licence for carrying out banking operations with precious metals (No. 3291 of 26.11.2012).

According to the licence, First Czech-Russian Bank has been granted the right to attract deposits and place precious metals, which will enable the Bank to significantly expand its range of services for customers, both private individuals and legal entities.

On the basis of the licence and in accordance with legislation of the Russian Federation and international banking practice, First Czech-Russian Bank soon plans to start completing transactions and sell precious metals, maintain unallocated bullion accounts and provide services to store precious metals purchased from the bank.