OREANDA-NEWS. November 26, 2015. In compliance with Clause 2 of Article 18926 and Articles 18931, 18932 and 18935 of the Federal Law ‘On the Insolvency (Bankruptcy)’ and due to the revocation of the banking licence of the Samara-based credit institution Samara Mortgage & Land Bank LLC or LLC IPOZEMbank (Bank of Russia Registration No. 3026, date of registration — 4 August 1994) (Order No. OD-3286, dated 24 November 2015) the Bank of Russia took a decision (Order No. OD-3287, dated 24 November 2015) to appoint from 24 November 2015 a provisional administration to manage the credit institution Samara Mortgage & Land Bank LLC for a term in accordance with the Federal Law ‘On the Insolvency (Bankruptcy)’ until the arbitration court adjudication on the recognition of bankruptcy and initiation of bankruptcy proceedings (appointment of a receiver) or until the arbitration court adjudication on the appointment of a liquidator becomes valid.

Maxim P. Frolov, chief of supervisory activity support sector of information security and protection section of the Samara Regional Division, has been appointed as a head of the provisional administration of the credit institution Samara Mortgage & Land Bank LLC.

The provisional administration of the credit institution Samara Mortgage & Land Bank LLC also includes Ye. B. Maslova, V. A. Shtanko, M. A. Maslennikov, M. I. Sundeyeva, O. Yu. Shirykalov, R. V. Karimov and B. P. Bal.