OREANDA-NEWS. November 05, 2015. During the inspection of financial standing of the credit institution, the provisional administration of United National Bank LLC appointed by Bank of Russia Order No. OD-2663, dated 6 October 2015, due to the revocation of its banking licence, revealed operations of the bank’s former management bearing evidence of bank assets’ diversion by issuing loans in excess of 325 million rubles to companies with dubious solvency, and also by paying 33 million rubles to the management of the bank prior to the revocation of the licence, with the qualification ‘for the loss of business reputation’.

By the preliminary estimate of the provisional administration, the assets of United National Bank LLC do not exceed 274 million rubles, whereas the bank’s liabilities to its creditors amount to 370 million rubles.

The Bank of Russia submitted information on the financial transactions bearing the evidence of criminal offence conducted by the former management and owners of United National Bank LLC to the General Prosecutor’s Office, Ministry of Internal Affairs, and to the Investigative Committee of the Russian Federation for consideration and procedural decision making.