B&N Bank receives funds from the Central Bank of Russia to support liquidity
The funds provided to B&N Bank by the Central Bank of Russia are sufficient to fulfill all the Bank’s obligations to its clients. For clients’ convenience, B&N Bank has specially extended by two hours the working day of its offices in the period 20-22 September inclusive. In addition, the Bank has brought in additional employees to support the work of the contact centre and of offices across Russia.
The offices and ATMs of B&N Bank have sufficient volumes of cash. If depositors want to, they can withdraw their deposits. At the same time, the Bank’s clients have no grounds for concern: the Bank continues to work as usual. We, therefore, recommend that clients not terminate and withdraw their deposits early in order to avoid losing accrued interest.