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On striking off information from state register of microfinance organisations

27 October 2014
Press release

On 23 October 2014, the Bank of Russia took a decision to strike off information from the state register of microfinance organisations on the Limited Liability Company Akvilon (PSRN 1132031002399).

The reason to take this decision was a repeated violation within a year of requirements of Federal Law No. 151-FZ, dated 2 July 2010, ‘On Microfinance and Microfinance Organisations’ and other regulations, notably:

  • the organisation failed to provide documents containing statements on its microfinance activity and management personnel for 2013 and 2014 Q1.

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

27.10.2014 00.00.00