MOSCOW, May 25 - RAPSI. The Holding-Credit management is suspected of stripping the bank of assets, destroying bank documents and its client base, PRIME news agency reported on Friday.
Holding-Credit is one of the top three hundred Russian banks. It was stripped of its license in mid May after the banking watchdog uncovered numerous violations in its obligations to clients and other creditors.
The bank's deposit portfolio amounted to over 7 billion rubles ($221.3 million) in early April. However, by the time the bank lost its license, the portfolio had shrunk by several billion rubles.