On revocation of banking licence

Due to the non-compliance by the Moscow-based credit institution closed joint-stock company Joint-Stock Commercial Bank Online Bank or CJSC JSCB Online Bank 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-2252 dated 28 August 2014) to revoke the banking licence from the credit institution closed joint-stock company Joint-Stock Commercial Bank Online Bank (Bank of Russia Registration No. 2462, date of registration — 13 August 1993) from 28 August 2014.

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28.08.2014 00.00.00