On appointment of provisional administration

In compliance with Clause 2 of Article 189²⁶ and Articles 189³¹, 189³², 189³⁵ of the Federal Law ‘On Insolvency (Bankruptcy)’, due to the revocation of the banking licence from the Ivanovo-based credit institution Joint-Stock Commercial Bank Akcia, open joint-stock company, or JSCB Akcia OJSC (Bank of Russia Registration No. 927, date of registration — 30 October 1992) (Order No. OD-728, dated 3 March 2016) the Bank of Russia decided (Order No. OD-729, dated 3 March 2016) to appoint from 3 March 2016 a provisional administration to manage the credit institution Joint-Stock Commercial Bank Akcia, open joint-stock company, for a term in accordance with the Federal Law ‘On Insolvency (Bankruptcy)’ until the arbitration court adjudication on the recognition of bankruptcy and initiation of bankruptcy proceedings (appointment of a receiver) or until the arbitration court adjudication on the appointment of a liquidator becomes valid.

Nikolai Smirnov, deputy head of the banking supervision section of the Ivanovo Regional Division, has been appointed as a head of the provisional administration of the credit institution Joint-Stock Commercial Bank Akcia, open joint-stock company.

The provisional administration of the credit institution Joint-Stock Commercial Bank Akcia, open joint-stock company, also includes: L.Ye. Silina, M.S. Filimonova, D.Yu. Barinov, N.N. Gorodinskaya, I.S. Liutov, A.A. Zdobnov, S.A. Sokolov, A.A. Suvorov, P.I. Tsikh.

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