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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. А40-151926/15 on recognising insolvent (bankrupt) the credit institution Closed joint-stock company MOSSTROYECONOMBANK (Bank of Russia Registration No. 948, date of registration — 23 November 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-3147, dated 12 November 2015) to terminate from 13 November 2015 the activity of the provisional administration of the credit institution Closed joint-stock company MOSSTROYECONOMBANK appointed by Bank of Russia Order No. OD-1773, dated 24 July 2015, ‘On the Appointment of the Provisional Administration to the Moscow-based Credit Institution Closed Joint-stock Company MOSSTROYECONOMBANK or CJSC M BANK Due to the Revocation of Its Banking Licence’.


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