On launch of reorganisation procedure of credit institutions
1 August 2018
Press release
Pursuant to the requirements of Part 5, Article 23 of the Federal Law ‘On Banks and Banking Activities’, the Bank of Russia announces the launch of a procedure whereby Moscow-based Public Joint-stock Company Bank Otkritie Financial Corporation (Registration No. 2209) will spin off Joint-stock Company Bank Otkritie Spetsialny, and the latter will concurrently merge with Moscow-based National Bank TRUST PJSC (Registration No. 3279).
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