Financial resolution of PJSC Bank URALSIB completed

The Bank of Russia decided to early terminate the bankruptcy prevention measures for PJSC Bank URALSIB (Reg. No. 2275) (hereinafter, the Bank). All events provided for in the Plan for the Bank of Russia’s Participation in Bankruptcy Prevention Measures for the Bank (hereinafter, the Plan) have been completed.

The implemented Plan has helped stabilise the Bank’s financial position, enhanced the quality of its assets and enabled it to form provisions for bad assets. The Bank complies with the required ratios set by the Bank of Russia and carries out its operations in standard supervision mode.

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