On revocation of banking licence

Due to the non-compliance by the Perm-based credit institution OPEN JOINT-STOCK COMPANY JOINT-STOCK COMMERCIAL BANK ECOPROMBANK or OJSC JSCB ECOPROMBANK with federal banking laws and Bank of Russia regulations, inability to meet the creditors’ claims on monetary liabilities, taking into account 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 4 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 took a decision (Order No. OD-2121 dated 18 August 2014) to revoke the banking licence from the credit institution OPEN JOINT-STOCK COMPANY JOINT-STOCK COMMERCIAL BANK ECOPROMBANK (Bank of Russia Registration No. 2011, date of registration — 17 August 1992) from 18 August 2014.

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