On March 15, 2023, the Bank of Russia decided to bring Alfa-Bank, FC Otkritie and Tinkoff Bank to administrative responsibility under Article 14.29 of the Administrative Code of the Russian Federation - illegal receipt or provision of a credit report. This is reported by the regulator.
In accordance with this article, illegal actions to obtain or provide a credit report or information constituting a credit history and included in the credit report entail the imposition of an administrative fine on officials - from 2.5 thousand rubles to 5 thousand rubles. or disqualification for up to 3 years; for legal entities - from 30 thousand rubles to 50 thousand rubles.
Alfa-Bank was founded in 1990 and is a universal bank that carries out most of the main types of banking operations presented on the financial services market.
Tinkoff Bank is a major player in the Russian credit card market. Having no branches, the group provides services to its customers through online channels and a cloud call center.
