OREANDA-NEWS. Due to the ruling of the Court of Arbitration of the city of Moscow, dated 19 October 2015, with regard to case No. A40-168723/15 on recognising insolvent (bankrupt) the credit institution Joint-stock commercial bank European Bank for Development of Metallurgical Industry (public joint-stock company) (Bank of Russia Registration No. 2902, date of registration - 17 June 1994) and appointing a receiver in compliance with Clause 3 of Article 18927 of the Federal Law 'On the Insolvency (Bankruptcy)', the Bank of Russia took a decision (Order No. OD-3087, dated 9 November 2015) to terminate from 9 November 2015 the activity of the provisional administration of the credit institution Joint-stock commercial bank European Bank for Development of Metallurgical Industry (public joint-stock company) appointed by Bank of Russia Order No. OD-2269, dated 27 August 2015, 'On the Appointment of the Provisional Administration to the Moscow-based Credit Institution Joint-stock Commercial Bank European Bank for Development of Metallurgical Industry (public joint-stock company) or JSCB EUROMET (PJSC) Due to the Revocation of Its Banking Licence'.