The Banking Supervisory Committee of the Bank of Russia took a decision on June 25 to grant licenses to Classic Econom Bank (registration number 3298, Vladikavkaz) and Razvitie Commercial Bank (registration number 2729, Cherkessk) allowing them to attract private deposits in rubles and foreign currencies, the PR Department of the Central Bank of Russia reported.
In accordance with the effective legislation, upon receipt of the licenses these banks become members of the national deposit insurance system.