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Le Pen Party’s Russian Lender Falls Victim to Central Bank Purge

  • Central bank revokes First Czech Russian Bank’s license
  • France’s National Front borrowed 10 million euros from lender

Marine Le Pen’s National Front party, which turned to a Russian bank after saying it couldn’t get a loan domestically, will have to find a new lender.

The First Czech Russian Bank’s license was revoked after its capital adequacy level fell below required limits, the central bank in Moscow said in a statement Friday. It was Russia’s 126th-largest bank by assets.