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On termination of activity of provisional administration

12 November 2015
Press release

Due to the ruling of the Court of Arbitration of the city of Moscow dated 26 October 2015, with regard to case No. А40-151921/15 on recognising insolvent (bankrupt) the credit institution Commercial Bank Gagarinsky (joint-stock company) (Bank of Russia Registration No. 606, date of registration — 26 October 1990) and appointing a receiver in compliance with Clause 3 of Article 18927 of the Federal Law ‘On the Insolvency (Bankruptcy)’, the Bank of Russia took a decision (Order No. OD-3151, dated 12 November 2015) to terminate from 13 November 2015 the activity of the provisional administration of the credit institution Commercial Bank Gagarinsky (joint-stock company) appointed by Bank of Russia Order No. OD-1550, dated 3 July 2015, ‘On the Appointment of the Provisional Administration to the Moscow-based Credit Institution Commercial Bank Gagarinsky (Joint-stock Company) or CB Gagarinsky (JSC) Due to the Revocation of Its Banking Licence’.


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