On appointment of provisional administration

In compliance with Clause 2 of Article 17 of the Federal Law ‘On the Insolvency (Bankruptcy) of Credit Institutions’ and due to the revocation of the banking licence from the Moscow-based credit institution open joint-stock company JOINT-STOCK COMMERCIAL BANK UNIVERSAL CREDIT or OJSC JSCB Universal Credit (Bank of Russia Registration No. 2903, date of registration — 21 June 1994) (Order No. OD-2776 of 9 October 2014) the Bank of Russia took a decision (Order No. OD-2777 of 9 October 2014) to appoint from 9 October 2014 a provisional administration to manage the credit institution open joint-stock company JOINT-STOCK COMMERCIAL BANK UNIVERSAL CREDIT for a term in accordance with the Federal Law ‘On the Insolvency (Bankruptcy) of Credit Institutions’ 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.

Svetlana V. Demina, chief economist of the reporting processing section of Branch 2 Moscow, has been appointed as a head of the provisional administration of the credit institution open joint-stock company JOINT-STOCK COMMERCIAL BANK UNIVERSAL CREDIT.

The provisional administration of the credit institution open joint-stock company JOINT-STOCK COMMERCIAL BANK UNIVERSAL CREDIT also includes: T.I. Kislyakova, A.A. Lizunov, N.I. Chelishcheva, N.A. Lushchikova, V.M. Tarasov, S.V. Belyakova, P.I. Tsikh, T.N. Abakumova, A.A. Zdobnov, O.V. Shcherbakova, A.N. Davidenko.

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