The Czech central bank has withdrawn the license of ERB Bank, a small Russian-owned lender operating in the Czech market, citing violations of exposure rules relating to bond investments, poor risk management and lack of controls.
The Czech central bank has withdrawn the license of ERB Bank, a small Russian-owned lender operating in the Czech market, citing violations of exposure rules relating to bond investments, poor risk management and lack of controls.
most viewed
© 2023 The Prague Monitor
