On Termination of Activity of Provisional Administration
OREANDA-NEWS. Due to the ruling of the Arbitration court of the city of Moscow of 27 July 2015 on recognising insolvent (bankrupt) the credit institution Joint-stock company METROBANK (Bank of Russia Registration No. 2548, date of registration — 29 October 1993) 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-2256, dated 25 August 2015) to terminate from 26 August 2015 the activity of the provisional administration of the credit institution Joint-stock company METROBANK, appointed by Bank of Russia Order No. OD-1211, dated 1 June 2015, ‘On the Appointment of the Provisional Administration to the Moscow-based Joint-stock Company METROBANK or JSC METROBANK Due to the Revocation of Its Banking Licence’.
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