On revocation of banking licence

Due to non-compliance by the Moscow-based credit institution Commercial Bank UNICOR, open joint-stock company, or OJSC UNICORBANK with federal banking laws and Bank of Russia regulations, taking into account the repeated application over the past year of supervisory measures envisaged by the Federal Law ‘On the Central Bank of the Russian Federation (Bank of Russia)’, and guided by Article 19, Clause 6 of Part 1 of Article 20 of the Federal Law ‘On Banks and Banking Activities’, and Part 11 of Article 74 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-1888 dated 25 July 2014) to revoke the banking licence from the credit institution Commercial Bank UNICOR, open joint-stock company (Bank of Russia Registration No. 2586, date of registration — 25 November 1993), from 25 July 2014.

The reference to the Press Service is mandatory if you intend to use this material.

25.07.2014 00.00.00