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On termination of activity of provisional administration

29 June 2016
Press release

Due to the ruling of the Court of Arbitration of the city of Moscow dated 14 June 2016, with regard to case No. А40-66603/16-44-111Б on recognising insolvent (bankrupt) the credit institution National Corporate Bank (joint-stock company) (Bank of Russia Registration No. 3422, date of registration — 14 October 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-2067, dated 28 June 2016) to terminate from 29 June 2016 the activity of the provisional administration of the credit institution National Corporate Bank (joint-stock company), appointed by Bank of Russia Order No. OD-901, dated 17 March 2016, ‘On the Appointment of the Provisional Administration to the Moscow-based Credit Institution National Corporate Bank (Joint-stock Company) or NATSCORPBANK (JSC) Following Revocation of Its Banking Licence.’


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