OREANDA-NEWS. September 25, 2015. Due to the non-compliance by the Barnaul-based credit institution joint-stock company Zernobank or JSC Zernobank with federal banking laws and Bank of Russia regulations, taking into account the repeated application over the past year of supervisory measures envisaged by the Federal Law ‘On the Central Bank of the Russian Federation (Bank of Russia)’, taking into account the real threat to the interests of creditors and depositors, and guided by Article 19, Clause 6 of Part 1 of Article 20 of the Federal Law ‘On Banks and Banking Activities’, and Part 11 of Article 74 of the Federal Law ‘On the Central Bank of the Russian Federation (Bank of Russia)’, the Bank of Russia took a decision (Order No. OD-2534, dated 24 September 2015) to revoke the banking licence from the credit institution joint-stock company Zernobank (Bank of Russia Registration No. 2337, date of registration — 13 May 1993).