Activity of provisional administration to manage credit institution RFI BANK JSC terminated
On 6 September 2021, the Bank of Russia terminated the activity of the provisional administration1 appointed to manage the credit institution RFI BANK JSC (hereinafter, the Bank).
No signs of insolvency (bankruptcy) have been established as a result of the provisional administration-conducted inspection of the credit institution.
On 24 August 2021, the Court of Arbitration of the City of Moscow issued a ruling on the forced liquidation of the Bank.
The State Corporation Deposit Insurance Agency was appointed as a receiver.
Further information on the results of the provisional administration’s activity is available on the Bank of Russia website.
1 The provisional administration was appointed by Bank of Russia Order No. OD-1040, dated 4 June 2021, following the revocation of the banking licence from RFI BANK JSC.
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06.09.2021 17.00.00