CBR: On termination by state corporation Deposit Insurance Agency of its functions of provisional administration
OREANDA-NEWS. May 20, 2015. Due to the application of the state corporation Deposit Insurance Agency for the early termination of its functions of the provisional administration of the open joint-stock company Smolensk Stock Commercial Bank (SKA-Bank) or OJSC SKA-Bank (Bank of Russia Registration No. 1957, date of registration — 10 July 1992) the Bank of Russia took a decision (Order No. OD-1088, dated 18 May 2015) to terminate from 19 May 2015 the functions of the provisional administration of the open joint-stock company Smolensk Stock Commercial Bank (SKA-Bank) the state corporation Deposit Insurance Agency performs under Bank of Russia Order No. OD-3349, dated 28 November 2014, ‘On Appointing the State Corporation Deposit Insurance Agency to Perform the Functions of the Provisional Administration of the Smolensk-based Open Joint-stock Company Smolensk Stock Commercial Bank (SKA-Bank) or OJSC SKA-Bank’.
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