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Russian regulator imposes moratorium on FCRB Bank creditor claims

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Russian regulator imposes moratorium on FCRB Bank creditor claims

The said April 1 that it imposed a three-month moratorium on claims filed by 's creditors.

The moratoriumwas imposed after the regulator put the lender under the provisional of the Deposit InsuranceAgency.

The moratoriumis an insured event, which means that the bank's retail deposit holders will receivecompensation for their deposits, the regulator noted.