On revocation of banking licence

Due to its capital adequacy ratio below 2% and the decline in equity capital below the minimum authorised capital established as of the date of the state registration of the credit institution, and guided by Article 19 and Clauses 1, 2 of Part 2 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 took a decision (Order No. OD-726, dated 3 March 2016) to revoke the banking licence from the Saint Petersburg-based credit institution Joint-stock Commercial Bank Bankirsky Dom, joint-stock company, or JSCB Bankirsky Dom (Bank of Russia Registration No. 2928, date of registration — 27 June 1994) from 3 March 2016.

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03.03.2016 00.00.00