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On appointment of provisional administration

16 November 2015
Press release

In compliance with Clause 2 of Article 18926 and Articles 18931, 18932 and 18935 of the Federal Law ‘On Insolvency (Bankruptcy)’ and following the revocation of the banking licence from the Moscow-based credit institution COMMERCIAL BANK VITYAZ, limited liability company, or CB VITYAZ LLC (Bank of Russia Registration No. 2890, date of registration — 10 June 1994) (Order No. OD-3184, dated 16 November 2015) the Bank of Russia decided (Order No. OD-3185, dated 16 November 2015) to appoint from 16 November 2015 a provisional administration to manage the credit institution COMMERCIAL BANK VITYAZ, limited liability company, for a term in accordance with the Federal Law ‘On Insolvency (Bankruptcy)’ until the arbitration court adjudication on the recognition of bankruptcy and initiation of bankruptcy proceedings (appointment of a receiver) or until the arbitration court adjudication on the appointment of a liquidator becomes valid.

Natalia Kiseleva, deputy head of the banking supervision section of the Oryol Regional Division, has been appointed as a head of the provisional administration of the credit institution COMMERCIAL BANK VITYAZ, limited liability company.

The provisional administration of the credit institution COMMERCIAL BANK VITYAZ, limited liability company, also includes: A.P. Polyakova, D.G. Dmitriev, A.M. Demidov, N.V. Bondareva, A.V. Vasiliev, T.N. Abakumova.


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