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World


Russia's central bank withdraws licence from Intercommerz bank

MOSCOW, Feb 8 (Reuters) Russia's central bank revoked the banking licence of mid-sized Intercommerz bank on Monday for failing to meet capital requirements and inadequately evaluating risks.
As part of its campaign to clean up the banking sector, the central bank has been withdrawing licences on a nearly daily basis, mainly from smaller lenders.
In January, though, it revoked the licence of Vneshprombank, one of Russia's top 50 banks by assets that had around 70 billion roubles (
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