Banking licence of JSCB Resource-trust cancelled
By its Order No. OD-1179, dated 24 July 2020, the Bank of Russia cancelled the banking licence of Joint-stock Commercial Bank Resource-trust, or JSCB Resource-trust (Registration No. 3122, Moscow). The credit institution ranked 396th by assets in the Russian banking system1.
The licence of JSCB Resource-trust was cancelled2 following the request that the credit institution submitted to the Bank of Russia after the decision of the general shareholders’ meeting on its voluntary liquidation (in accordance with Article 61 of the Civil Code of the Russian Federation).
Based on the reporting data provided to the Bank of Russia, the credit institution has enough assets to satisfy creditors’ claims.
A liquidator will be appointed to JSCB Resource-trust3.
JSCB Resource-trust is not a member of the deposit insurance system.
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1 According to the financial statements as of 1 July 2020.
2 The licence was cancelled in accordance with Article 23 of the Federal Law ‘On Banks and Banking Activities’.
3 In accordance with Article 62 of the Civil Code of the Russian Federation and Article 21 of the Federal Law ‘On Joint-stock Companies’.
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24.07.2020 00.00.00