On Termination of Activity of Provisional Administration
OREANDA-NEWS. Due to the ruling of the Arbitration court of the Tyumen Region, dated 17 July 2015, on the forced liquidation of the credit institution open joint-stock company Joint-Stock Siberian Oil Bank (Bank of Russia Registration No. 385, date of registration - 6 September 1991) and the appointment of a liquidator in compliance with Clause 3 of Article 18927 of the Federal Law 'On Insolvency (Bankruptcy)', the Bank of Russia took a decision (Order No. OD-1995, dated 5 August 2015)to terminate from 6 August 2015 the activity of the provisional administration of the credit institution open joint-stock company Joint-Stock Siberian Oil Bank appointed by Bank of Russia Order No. OD-1207, dated 1 June 2015, 'On the Appointment of the Provisional Administration to Manage the Tyumen-based Credit Institution Open Joint-Stock Company Joint-Stock Siberian Oil Bank or OJSC SIBNEFTEBANK Due to the Revocation of Its Banking Licence'
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