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On cancelling banking licence of the credit institution Interraschet

8 April 2016
Press release

By Order No. OD-1188, dated 8 April 2016, the Bank of Russia cancelled the banking licence of the Moscow-based credit institution Settlement Non-Bank Credit Institution Interraschet, joint-stock company, or SNCI Interraschet JSC (Registration No. 1618-K) from 8 April 2016.

The Bank of Russia cancelled the banking licence of SNCI Interraschet JSC based on Article 23 of the Federal Law ’On Banks and Banking Activities’ following the decision of the credit institution’s authorised body to terminate its activity through liquidation according to Article 61 of the Civil Code of the Russian Federation and the submission of the respective application to the Bank of Russia.

Based on the data provided by SNCI Interraschet JSC the credit institution has enough property to satisfy creditors’ claims.

In compliance with Article 62 of the Civil Code of the Russian Federation and Article 21 of the Federal Law ’On Joint-stock Companies’, a liquidation commission will be appointed to SNCI Interraschet JSC.

According to the financial statements, as of 1 March 2016, SNCI Interraschet JSC ranked 710th in the Russian banking system in terms of assets.


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