On revocation of banking licence

Due to the non-compliance by the Moscow-based credit institution Non-Bank Credit Institution Financial Services, limited liability company, or NCI Financial Services LLC with federal banking laws and Bank of Russia regulations, decrease in own funds (capital) below the minimal value of authorised capital established by the Bank of Russia as of the date of the state registration of the credit institution, 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 and Clause 2 of Part 2 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-3020 dated 27 October 2014) to revoke the banking licence from the credit institution Non-Bank Credit Institution Financial Services, limited liability company (Bank of Russia Registration No. 3496-K, date of registration — 11 June 2009), from 27 October 2014.

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27.10.2014 00.00.00