The Central Bank of the Russian Federation banned JSCB ENISEY (PJSC) from carrying out current account and deposit transactions, Finmarket said Jan. 31, citing Interfax.

The six-month ban was reportedly introduced Jan. 25 following a regulatory inspection.

On Jan. 30, the bank asked the Krasnodar Regional Arbitration Court to declare the ban invalid, with hearings to start Feb. 1.