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On termination of activity of provisional administration

24 March 2016
Press release

Due to the ruling of the Court of Arbitration of Moscow, dated 15 March 2016, with regard to case No. А40-252156/2015-184-85, on recognising insolvent (bankrupt) the credit institution RUSSIAN CONSTRUCTION BANK, joint-stock company, (Bank of Russia registration No. 3205, date of registration: 27 January 1995), 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-984, dated 23 March 2016) to terminate from 24 March 2016 the activity of the provisional administration of the credit institution RUSSIAN CONSTRUCTION BANK, Joint-Stock Company, appointed by Bank of Russia Order No. OD-3660, dated 18 December 2015, ‘On the Appointment of the Provisional Administration to the Moscow-based Credit Institution RUSSIAN CONSTRUCTION BANK, Joint-Stock Company, or JSC RUSSTROYBANK Due to the Revocation of its Banking Licence’.


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