Russia's Central Bank reveals number of banks fined for conducting questionable operations

 Russia's Central Bank reveals number of banks fined for conducting questionable operations

Russia's Central Bank fined more than 10 banks last year for conducting questionable operations, the Deputy Governor of the Central Bank Dmitry Skobelkin said.

"There have been cases, and multiple ones - estimated at billions of rubles of fines. More than ten banks, much more, last year," TASS cited Skobelkin as saying.

He added that the total amount of fines is estimated at billions of rubles.

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