Financial resolution of JSC GENBANK
19 June 2020
Press release
The Bank of Russia has approved amendments to the Plan for the Participation of the State Corporation Deposit Insurance Agency in the Implementation of Measures to Prevent the Bankruptcy of JSC GENBANK (hereinafter, the Bank).
These amendments imply that the Bank will be reorganised by way of merger with the current investor JSC Sobinbank.
Upon the completion of the Bank’s reorganisation, JSC BANK ROSSIYA will act as the investor.
The reference to the Press Service is mandatory if you intend to use this material.
19.06.2020 00.00.00