Banking licence of CB OBR (LLC) cancelled
By its Order No. OD-2119, dated 14 October 2022, the Bank of Russia cancelled the banking licence of the Cheboksary-based commercial bank Obyedinenny Bank Respubliki (limited liability company), CB OBR (LLC) (Registration No. 1016). The credit institution ranked 344th by assets in the Russian banking system.1
The licence of CB OBR (LLC) was cancelled2 following the request submitted by the credit institution to the Bank of Russia after the decision of the general shareholders’ meeting on its voluntary liquidation (in accordance with Article 61 of the Civil Code of the Russian Federation).
Based on the reporting data provided to the Bank of Russia, the credit institution has sufficient assets to satisfy creditors’ claims.
A liquidation commission will be appointed to CB OBR (LLC).3
CB OBR (LLC) is a member of the deposit insurance system.
1 According to the financial statements as of 1 October 2022.
2 The licence was cancelled in accordance with Article 23 of the Federal Law ‘On Banks and Banking Activities’.
3 In accordance with Article 62 of the Civil Code of the Russian Federation and Article 57 of the Federal Law ‘On Limited Liability Companies’.
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14.10.2022 10.01.50