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On removing information from state register of microfinance organisations

16 September 2014
Press release

On 15 September 2014, the Bank of Russia took a decision to remove information on the following entities from the state register of microfinance organisations:

Masterfinance, limited liability company (PSRN 1133443018840);

STROY INVEST, LIMITED LIABILITY COMPANY (PSRN 1132031002069);

EXPRESS-FINANCE RYAZAN, limited liability company (PSRN 1106234008451).

The reason to take this decision was repeated violation within a year of the requirements of Federal Law No. 151-FZ, dated 2 July 2010, ‘On Microfinance and Microfinance Organisations’ and other regulations, notably:

— the organisations failed to provide documents containing the report on microfinance activity and their management personnel for the first nine months of 2013, the year 2013 and 2014 Q1.


The reference to the Press Service is mandatory if you intend to use this material.

16.09.2014 00.00.00