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On appointment of provisional administration

29 June 2016
Press release

In compliance with Clause 2 of Article 18926 and Articles 18931, 18932, and 18935 of the Federal Law ‘On Insolvency (Bankruptcy)’ and following the revocation of the banking licence from the Moscow-based credit institution joint-stock company Commercial Bank PRISCO CAPITAL BANK or JSC CB PRISCO CAPITAL BANK (Bank of Russia Registration No. 2537, date of registration — 21 October 1993) (Order No. OD-2079, dated 29 June 2016) the Bank of Russia decided (Order No. OD-2080, dated 29 June 2016) to appoint from 29 June 2016 a provisional administration to manage the credit institution joint-stock company Commercial Bank PRISCO CAPITAL BANK for a term in accordance with the Federal Law ‘On Insolvency (Bankruptcy)’ until the arbitration court adjudication on the recognition of bankruptcy and initiation of bankruptcy proceedings (appointment of a receiver) or until the arbitration court adjudication on the appointment of a liquidator becomes valid.

Valery Budarin, chief economist of the financial monitoring of banking activity, financial markets and currency control section of the Tula Regional Division, has been appointed as a head of the provisional administration of the credit institution joint-stock company Commercial Bank PRISCO CAPITAL BANK.

The provisional administration of the credit institution joint-stock company Commercial Bank PRISCO CAPITAL BANK includes: P.S. Musaeva, A.Ye. Ilmenev, S.V. Parchevskaya, S.V. Safaeva, N.V. Shchepetova, M.V. Bayanov, I.G. Goryainova, S.L. Bespalov, Ye.N. Kabitskiy, A.M. Demidov, O.V. Shcherbakova, I.A. Allyamov, A.N. Davidenko.


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