CBR reports on termination of activity of provisional administration
OREANDA-NEWS. December 01, 2015. Due to the ruling of the Court of Arbitration of the Smolensk Region on case No. А62-6642/2015, dated 18 November 2015, on recognising insolvent (bankrupt) the credit institution public joint-stock company Commercial Bank Smolevich (Bank of Russia Registration No. 1121, date of registration — 7 December 1990) 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-3374, dated 27 November 2015) to terminate from 30 November 2015 the activity of the provisional administration of the credit institution public joint-stock company Commercial Bank Smolevich appointed by Bank of Russia Order No. OD-2372, dated 8 September 2015, ‘On the Appointment of the Provisional Administration to Manage the Credit Institution Public Joint-Stock Company Commercial Bank Smolevich or Bank Smolevich PJSC (the Smolensk Region, the town of Roslavl) Due to the Revocation of its Banking Licence’.
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