On revocation of banking licence

Due to the non-compliance by the Moscow-based credit institution Commercial Bank Admiralteisky, limited liability company, or CB Admiralteisky LLC with federal banking laws and Bank of Russia regulations, repeated violations over the past year of Bank of Russia regulation related to the Federal Law ‘On Countering the Legalisation (Laundering) of Criminally Obtained Incomes and the Financing of Terrorism’, taking into account the repeated application over the past year of supervisory measures envisaged by the Federal Law ‘On the Central Bank of the Russian Federation (Bank of Russia)’, taking into account a real threat to creditors’ and depositors’ interest, and guided by Article 19, Clauses 6 and 6¹ of Part 1 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-2405, dated 11 September 2015) the banking licence from the credit institution Commercial Bank Admiralteisky, limited liability company (Bank of Russia Registration No. 3054, date of registration — 17 August 1994) from 11 September 2015.

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11.09.2015 00.00.00