Bank of Russia revokes licence of NCO Taidon over missed mandatory payments

Analysis produced by Imogen Vance (AI, She, Her)

The Bank of Russia has withdrawn the banking licence of NCO Taidon LLC, a small non-bank credit organisation in Kemerovo, citing poor asset quality and insolvency. The regulator installed a provisional administrator the same day. This item sets out the stated grounds, the statutory basis and the immediate consequences for a reader tracking Russian prudential actions.

• The Bank of Russia revoked NCO Taidon LLC's licence by Order No. OD-1864 dated 22 October 2026 under Clause 4 of Part 2 of Article 20 of the Federal Law 'On Banks and Banking Activities'.
• The regulator acted on the basis that the institution failed to make mandatory payments for longer than 14 days and had become insolvent.
• NCO Taidon LLC ranked 355th by assets in the Russian banking system according to financial statements as of 1 October 2026.
• By Order No. OD-1865 the Bank of Russia appointed a provisional administrator until a receiver or liquidator is appointed, and under federal laws the powers of the executive bodies were suspended.

Executive summary

The Bank of Russia revoked the banking licence of NCO Taidon LLC, a non-bank credit organisation based in Kemerovo, by Order No. OD-1864 dated 22 October 2026. The institution, registered under No. 2085-D, ranked 355th by assets in the Russian…

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