On removing information from state register of microfinance organisations

On 15 September 2014, the Bank of Russia took a decision to remove information on Metropolia Management Company, limited liability company (PSRN 1127847082428), from the state register of microfinance organisations.

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 organisation failed to provide documents containing the report on microfinance activity and its management personnel for the first six months of 2013, the year 2013 and 2014 Q1.

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16.09.2014 00.00.00