On revocation of banking licence

Due to the non-compliance by the Moscow-based credit institution Open Joint-Stock Company ROSSIYSKIY KREDIT BANK or OJSC ROSSIYSKIY KREDIT BANK with federal banking laws and Bank of Russia regulations, established material misstatements, repeated application within one year of measures envisaged by the Federal Law ‘On the Central Bank of the Russian Federation (Bank of Russia)’, taking into account a real threat to the creditors’ and depositors’ interests, guided by Article 19, Clauses 3 and 6 of Part 1 of Article 20 of the Federal Law ‘On the Central Bank of the Russian Federation (Bank of Russia)’ and Part 11 of Article 74 and Article 75 of the Federal Law ‘On the Central Bank of the Russian Federation (Bank of Russia)’, the Bank of Russia took a decision (Order No. OD-1774, dated 24 July 2015) to revoke the banking licence from the credit institution Open Joint-Stock Company ROSSIYSKIY KREDIT BANK (Registration No. 324, date of registration — 23 December 1991) from 24 July 2015.

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24.07.2015 00.00.00