OREANDA-NEWS. November 25, 2015. Due to the non-compliance by the credit institution Open Joint-stock Company Commercial Bank Maximum or OJSC CB Maximum (the city of Volgodonsk, the Rostov Region) with federal banking legislation and Bank of Russia regulations, taking into account the repeated application over the past year of measures envisaged by the Federal Law ‘On the Central Bank of the Russian Federation (Bank of Russia)’, considering the existence of a real threat to the interests of the bank’s creditors and depositors and guided by Article 19, Clause 6 of Part 1 of Article 20 of the Federal Law ‘On Banks and Banking Activity’ 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-3273, dated 23 November 2015) to revoke the banking licence from the credit institution Open Joint-stock Company Commercial Bank Maximum (Bank of Russia Registration No. 466, date of registration — 11 October 1990).