On revocation of banking licence

Due to the non-compliance by the Moscow-based credit institution joint-stock company Commercial Bank INTERREGIONAL BANK OF RECONSTRUCTION or JSC CB MBR-Bank with federal banking laws and Bank of Russia regulations, decrease in equity capital for three consecutive months below the minimal amount of the authoruised capital established by Part 7 of Article 11.2 of the Federal Law ‘On Banks and Banking Activity’, given the bank’s failure to file a request to the Bank of Russia for changing its status into that of non-bank credit institution, and given the repeated application over the past year of supervisory measures envisaged by the Federal Law ‘On the Central Bank of the Russian Federation (Bank of Russia)’, and guided by Article 19, Clause 6 of Part 1 and Clause 6 of Part 2 of Article 20 of the Federal Law ‘On Banks and Banking Activities’, and Part 11 of Article 74 of the Federal Law ‘On the Central Bank of the Russian Federation (Bank of Russia)’, the Bank of Russia decided (Order No. OD-1885, dated 17 June 2016) to revoke the banking licence from the credit institution joint-stock company Commercial Bank INTERREGIONAL BANK OF RECONSTRUCTION from 17 June 2016.

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17.06.2016 00.00.00