On the appointment of provisional administration



In compliance with Clause 2 of Article 17 of the Federal Law ‘On the Insolvency (Bankruptcy) of Credit Institutions’ and due to the revocation of the banking licence from the Moscow-based credit institution Open Joint-Stock Company First Republican Bank (OJSC FRB) (Registration No. 1730, date of registration — 27 March 1992) (Order No. OD-910 of 5 May 2014), the Bank of Russia took a decision (Order No. OD-911 of 5 May 2014) to appoint from 5 May 2014 a provisional administration in the credit institution Open Joint-Stock Company First Republican Bank for a term until the arbitration court adjudication on the recognition of bankruptcy and initiation of bankruptcy proceedings (appointment of a receiver) in accordance with the Federal Law ‘On the Insolvency (Bankruptcy) of Credit Institutions’ or until the arbitration court ruling on the appointment of a liquidator becomes valid.

Svetlana Demina, a chief economist of the reporting section of Branch 2 Moscow, has been appointed as head of the provisional administration of the credit institution Open Joint-Stock Company First Republican Bank.

The provisional administration of the credit institution Open Joint-Stock Company First Republican Bank also includes: V. Sergeev, O. Boev, A. Kamakshina, N. Khudyakova, A. Gerasimov, E. Germanova, V. Zorin, Yu. Perig, O. Novoydarskaya, V. Taravkova, A. Tormyshov, Yu. Mezentsev, D. Kudryashov, E. Toropova, S. Bordyugov, M. Averyanova, E. Berendyaeva, A. Zaytsev, T. Shilina, S. Doronin, I. Allyamov, I. Strokov, O. Chekalina, E. Zorina, and V. Medvedeva.

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05.05.2014 00.00.00