OREANDA-NEWS. The provisional administration to manage Commercial Bank DS-Bank (LLC), further referred to as the Bank, as appointed by Bank of Russia Order No. OD-1479, dated 12 May 2016, following banking licence revocation, has faced with obstruction from day one of its operations.

The Bank management, in violation of RF legislation, failed to provide to the provisional administration original loan agreements (with individuals) and the contract of assignment (for loans to legal entities), to the total of over 500 million rubles.

Also, the provisional administration established facts indicative of siphoning off of bank assets through extending fictitious loans to the total of over 580 million rubles.

According to the provisional administration’s estimate, the value of the Bank assets is not more than 92.1 million rubles, vers. 746.4 million rubles of its liabilities to creditors.