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On appointment of provisional administration

24 November 2015
Press release

In compliance with Clause 2 of Article 18926 and Articles 18931, 18932, 18935 of the Federal Law ‘On the Insolvency (Bankruptcy) of Credit Institutions’ and due to the revocation of the banking licence from the Moscow-based credit institution Joint-stock Company SVYAZNOY BANK or SVYAZNOY BANK (Bank of Russia Registration No. 1961, date of registration — 21 July 1992) (Order No. OD-3290, dated 24 November 2015) the Bank of Russia took a decision (Order No. OD-3291, dated 21 November 2015) to appoint from 24 November 2015 a provisional administration to manage the credit institution Joint-stock Company SVYAZNOY BANK or SVYAZNOY BANK for a term in accordance with the Federal Law ‘On the Insolvency (Bankruptcy) of Credit Institutions’ until the arbitration court adjudication on the recognition of bankruptcy and initiation of bankruptcy proceedings (appointment of a receiver) or until the arbitration court adjudication on the appointment of a liquidator becomes valid.

Evgeni B. Vaisberg, chief economist of liquidated credit institution section No. 1 of the Bank Licensing and Liquidation Division of the Bank of Russia Main Branch of the Central Federal District, has been appointed as a head of the provisional administration of the credit institution Joint-stock Company SVYAZNOY BANK.

The provisional administration to manage the credit institution Joint-stock Company SVYAZNOY BANK also includes: I.V. Azarova, G.A. Shabanova, E.N. Pyrsenkova, V.Yu. Obrubov, S.P. Doronin, A.A. Zdobnov, O.V. Ponkratova, P.I. Tsikh, A.V. Vasiliev, I.A. Allyamov.


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