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On termination of activity of provisional administration

19 July 2016
Press release

Due to the ruling of the Court of Arbitration of the city of Moscow dated 27 June 2016, with regard to case No. А40-89227/16-95-60 on recognising insolvent (bankrupt) the credit institution Joint-stock company SMARTBANK (Bank of Russia Registration No. 3408, date of registration — 28 May 2002) 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-2295, dated 19 July 2016) to terminate from 20 July 2016 the activity of the provisional administration of the credit institution Joint-stock company SMARTBANK, appointed by Bank of Russia Order No. OD-1014, dated 28 March 2016, ‘On the Appointment of the Provisional Administration to the Moscow-based Credit Institution Joint-stock Company SMARTNBANK or JSC SMARTBANK Following Revocation of Its Banking Licence.’


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