The Russian National Commercial Bank was excluded from the register of banks participating in the deposit insurance system (CERS) due to the entry into the Unified State Register of Legal Entities of an entry on the termination of its activities through reorganization in the form of merger. This is stated in the message of the DIA. VTB Bank is the legal successor of the legal entity that has ceased operations.
Currently, 578 credit institutions are members of the CER, of which: 285 are operating banks licensed to attract funds from individuals, as well as to open and maintain bank accounts for individuals; 3 are operating credit institutions that have lost the right to attract funds from individuals and to opening and maintaining bank accounts of individuals; 290 — credit institutions in which liquidation procedures are carried out.
VTB has completed the legal procedures for joining RNKB Bank. Since June 12, 2025, retail and corporate customer service has been launched under the VTB brand. The integration processes will be completed by the end of 2025.
VTB Group is a Russian financial group comprising more than 20 credit and financial companies operating in all major segments of the financial market. The Group has subsidiaries and associated banks in Armenia, Belarus, Kazakhstan, Azerbaijan, Vietnam, a branch in India, and a branch and representative office in China.
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