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On termination of activity of provisional administration

30 December 2015
Press release

Following the ruling of the Court of Arbitration of the city of Moscow, dated 11 December 2015, on case No. А40-208873/15-86-189B on recognising insolvent (bankrupt) the credit institution PUBLIC JOINT-STOCK COMPANY COMMERCIAL BANK EUROCOMMERZ (Bank of Russia registration No. 1777, date of registration is 20 April 1992) and appointing a receiver in compliance with Clause 3 of Article 18927 of the Federal Law ‘On Insolvency (Bankruptcy)’, the Bank of Russia decided (Order No. OD-3831, dated 30 December 2015) to terminate from 31 December 2015 the activity of the provisional administration of the credit institution PUBLIC JOINT-STOCK COMPANY COMMERCIAL BANK EUROCOMMERZ, appointed by Bank of Russia Order No. OD-2890, dated 23 October 2015, ‘On the Appointment of the Provisional Administration to Manage the Moscow-Based Credit Institution ПУБЛИЧНОЕ PUBLIC JOINT-STOCK COMPANY COMMERCIAL BANK EUROCOMMERZ or PJSC CB EUROCOMMERZ Due to the Revocation of Its banking Licence’.


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