OREANDA-NEWS. April 14, 2015. In compliance with Clause 2 of Article 18926 of the Federal Law ‘On the Insolvency (Bankruptcy)’ and due to the revocation of the banking licence from the Yuzhno-Sakhalinsk-based credit institution open joint-stock company Tikhookeanskiy Vneshtorgbank or OJSC Tikhookeanskiy Vneshtorgbank (Bank of Russia Registration No. 1378, date of registration — 20 February 1991) (Order No. OD-783, dated 13 April 2015), the Bank of Russia took a decision (Order No. OD-784, dated 13 April 2015) to appoint from 13 April 2015 a provisional administration to manage the credit institution open joint-stock company Tikhookeanskiy Vneshtorgbank for a term in accordance with the Federal Law ‘On the Insolvency (Bankruptcy)’ until the arbitration court adjudication on the recognition of bankruptcy and initiation of bankruptcy proceedings (appointment of a receiver) or until the arbitration court adjudication on the appointment of a liquidator becomes valid.

Artem Kuzmin, head of the control and supervision over microfinance organisations, consumer cooperatives and pawnshops sector of the Yuzhno-Sakhalinsk Regional Division, has been appointed as a head of the provisional administration of the credit institution open joint-stock company Tikhookeanskiy Vneshtorgbank.

The provisional administration of the credit institution open joint-stock company Tikhookeanskiy Vneshtorgbank also includes: L.A. Yanukova, A.Ye. Ukhanov, Ye.Ye. Ermakova, A.A. Tsiporenko, A.O. Kozhakin, O.A. Vidyuk, A.M. Plyashkevich, V.V. Tsokur, M.R. Yeliseev, N.V. Vodyanova, M.V. Bayanov, E.Yu. Levina, S.V. Pavlov, O.V. Sergeeva, V.M. Tarasov, P.A. Savkin, R.Z. Sharipov, P.I. Tsikh, I.A. Allyamov.