OREANDA-NEWS. Due to the ruling of the Court of Arbitration of the city of Moscow dated 24 August 2015, on recognising insolvent (bankrupt) the credit institution joint-stock company Republican Social Commercial Bank (Bank of Russia Registration No. 2050, date of registration - 9 September 1992) 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-2445, dated 15 September 2015) to terminate from 16 September 2015 the activity of the provisional administration of the credit institution joint-stock company Republican Social Commercial Bank appointed by Bank of Russia Order No. OD-1294, dated 10 June 2015, 'On the Appointment of the Provisional Administration to Manage the Moscow-Based Credit Institution Joint-Stock Company Republican Social Commercial Bank Due to the Revocation of its Banking Licence'.