On reducing the authorised capital

In compliance with Article 7 of the Federal Law ‘On Additional Measures to Strengthen Stability of the Banking System until 31 December 2014’, under the procedure introduced by Bank of Russia Ordinance No. 2108-U dated 29 October 2008 ‘On the Procedure for Passing by the Bank of Russia a Decision to Reduce the Authorised Capital of a Bank to the Level of its Own Funds (Capital)’ and due to establishing by the Bank of Russia the negative value of own funds (capital) of the Kazan-based Open joint-stock company Joint-stock commercial bank BTA-Kazan or OJSC JSCB BTA-Kazan (registration number 1581, date of registration — 03 October 1991), the Bank of Russia took the decision (Order No. OD-1336 dated 10 June 2014) to reduce the authorised capital of the Open joint-stock company Joint-stock commercial bank BTA-Kazan or OJSC JSCB BTA-Kazan to one ruble.

The reference to the Press Service is mandatory if you intend to use this material.

10.06.2014 00.00.00