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On termination of activity of provisional administration

14 March 2016
Press release

Due to the ruling of the Court of Arbitration of the Samara Region, dated 20 February 2016, with regard to case No. А55-31891/2015 on recognising insolvent (bankrupt) the credit institution Samara Mortgage & Land Bank, limited liability company, (Bank of Russia Registration No. 3026, date of registration — 4 August 1994) 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-832, dated 14 March 2016) to terminate from 15 March 2016 the activity of the provisional administration of the credit institution Samara Mortgage & Land Bank, limited liability company, appointed by Bank of Russia Order No. OD-3287, dated 24 November 2015, ‘On the Appointment of the Provisional Administration to the Credit Institution Samara Mortgage & Land Bank, Limited Liability Company, or IPOZEMbank LLC (the city of Samara) Following Revocation of Its Banking Licence’.


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