Purpe Kalmyk and Yutikpev lose banking licences

Purpe Kalmyk and Yutikpev lose banking licences: The Central Bank of Russia today revoked the banking licences of three more financial organisations – Bank Purpe (based in the  Tyumen Region), JSC Kreditbank (Kalmykia) and Yutikpey (Moscow). So far this year, 66  financial institutions have lost their licences as the Central Bank continues with its purge. Izvestia