On results of inspection of financial standing of PJSC Mezhtopenergobank held by provisional administration

The provisional administration of PJSC Mezhtopenergobank, appointed by Bank of Russia Order No. OD-2034, dated 20.07.2017, due to the revocation of its banking licence, revealed operations which bear signs of transactions aimed at diverting assets through lending to certain borrowers with dubious creditworthiness and not engaged in real business activity, as well as through the assignment of receivables on the outstanding corporate and individual loans.

Besides, the provisional administration revealed operations conducted despite the signs of bankruptcy and aimed at the deliberate and wrongful satisfaction of property claims of certain customers at the expense of the bank’s property and to the detriment of other creditors.

The provisional administration estimates the value of PJSC Mezhtopenergobank assets to be no more than 20.2 billion rubles, whereas its liabilities to creditors amount to 30.5 billion rubles, including 24.9 billion rubles to individuals.

On 20.09.2017, the Arbitration Court of the city of Moscow recognised the bank as insolvent (bankrupt). The State Corporation Deposit Insurance Agency was appointed as a receiver.

The Bank of Russia submitted the information on financial transactions bearing the evidence of the criminal offence conducted by the officials of PJSC Mezhtopenergobank to the Prosecutor General’s Office of the Russian Federation, the Ministry of Internal Affairs of the Russian Federation and the Investigative Committee of the Russian Federation for consideration and procedural decision making.

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