On revocation of banking licence

Due to the failure by the Moscow-based credit institution Joint-stock Commercial Bank Benefit-bank, closed joint-stock company (JSCB Benefit-bank CJSC), to comply with federal banking laws and Bank of Russia regulations, due to repeated application of measures envisaged by the Federal Law ‘On the Central Bank of the Russian Federation (Bank of Russia)’ over the past year, and due to the threat posed to the interests of creditors, and guided by Article 19, Clause 6 of Part 1 of Article 20 of the Federal Law ‘On Banks and Banking Activities’, and Part 11 of Article 74 of the Federal Law ‘On the Central Bank of the Russian Federation (Bank of Russia)’, the Bank of Russia decided (Order No. OD-2979, dated 2 November 2015) to revoke the banking licence from the credit institution Joint-stock Commercial Bank Benefit-bank, closed joint-stock company (Bank of Russia Registration No. 3229, date of registration — 14 March 1995) from 2 November 2015.

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02.11.2015 00.00.00