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Russia revokes Taidon’s banking licence over inability to pay obligations

Russia revokes Taidon’s banking licence over inability to pay obligations

The Bank of Russia revoked Taidon's banking licence on 22 October 2026.

Taidon is a non-bank credit organisation based in Kemerovo, in Russia, and ranked 355th in the country's banking system by assets.

The central bank said Taidon had failed to make required payments for more than 14 days.

It said the organisation's assets were of very low quality and could not generate enough cash to keep operating.

Taidon had lost its ability to pay, according to the central bank.

The decision means Taidon can no longer carry out banking operations, and the powers of its executive bodies have been suspended.

A temporary administration will run the organisation until a bankruptcy administrator or liquidator is appointed.

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Bank of RussiaBanking regulator
the credit organisation Taidon was unable to meet its obligation to pay mandatory payments for more than 14 days
via Central Bank of Russia