The Bank of Russia made a decision on state registration of a newly established settlement non-banking credit organization

The Bank of Russia has made a decision on state registration of the settlement non-bank credit organization “Euro-Asian Settlement Company” (Joint-Stock Company) RNCO EARC (JSC) (Moscow) and issuance of a license for banking operations with funds in rubles and foreign currency for settlement non-bank credit organizations. The license will be issued by the Bank of Russia after the payment of the authorized capital of RNCO EARC (JSC).

The Federal Tax Service of Russia for Moscow. On 10 January 2024, the Federal Tax Service of Russia for Moscow made an entry into the Unified State Register of Legal Entities on the state registration of the credit organization (main state registration number 1247700004056).

The main activity of RNCO EARC (JSC) will be settlement services for foreign trade activities of legal entities

There are currently 37 non-bank credit institutions, including 27 non-bank settlement credit institutions, operating on the basis of a license issued by the Bank of Russia

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