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Banking licence of NBCO FINCHER (LLC) cancelled

24 September 2021
Press release

By its Order No. OD-2001, dated 24 September 2021, the Bank of Russia cancelled the banking licence of the Moscow-based non-banking credit organisation FINCHER (limited liability company) NBCO FINCHER (LLC) (Registration No. 3486-K). The credit institution ranked 350th by assets in the Russian banking system.1

The licence of the NBCO FINCHER (LLC) was cancelled2 following the request of the credit organisation 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 organisation has sufficient assets to satisfy creditors’ claims.

A liquidation commission will be appointed to the NBCO FINCHER (LLC).3

The NBCO FINCHER (LLC) is not a member of the deposit insurance system.

1 According to the financial statements as of 1 September 2021.

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 57 of the Federal Law ‘On Limited Liability Companies’.
 


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24.09.2021 10.42.58