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On termination of activity of provisional administration

15 April 2016
Press release

Due to the ruling of the Court of Arbitration of Moscow, dated 31 March 2016, with regard to case No. А40-25442/16-70-41 B, on recognising insolvent (bankrupt) the credit institution International Joint-stock Bank, closed joint-stock company (Bank of Russia registration No. 1987, date of registration: 4 August 1992), 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-1278, dated 15 April 2016) to terminate from 18 April 2016 the activity of the provisional administration of the credit institution International Joint-stock Bank, closed joint-stock company, appointed by Bank of Russia Order No. OD-329, dated 3 February 2016, ‘On the Appointment of the Provisional Administration to the Moscow-based Credit Institution International Joint-stock Bank, Closed Joint-Stock Company, or CJSC MAB Due to the Revocation of its Banking Licence’.


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