Activity of provisional administration to manage CB Euro-Asian Investment Bank LLC terminated
On 15 March 2021, the Bank of Russia terminated the activity of the provisional administration1 appointed to manage CB Euro-Asian Investment Bank LLC (hereinafter, the Bank).
No signs of the Bank’s insolvency (bankruptcy) have been established as a result of the provisional administration-conducted inspection of its financial standing.
On 25 February 2021, the Arbitration Court of the City of Moscow issued a ruling on the forced liquidation of the Bank.
The State Corporation Deposit Insurance Agency was appointed as a receiver.
Further information on the results of the activity of the provisional administration is available on the Bank of Russia website.
1 The provisional administration was appointed by Bank of Russia Order No. OD-2006, dated 4 December 2020, following the revocation of the banking licence from the Bank.
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15.03.2021 17.00.00