OREANDA-NEWS. Following the Moscow Arbitration Court ruling dated 7 December 2015 on Case No. А40-202834/2015 on recognition of the credit organisation Open Joint-stock Company Bank SODRUZHESTVO (Moscow, BoR Registration Number 2923, registration date 27 June 1994) as insolvent (bankrupt) and appointment of a receiver pursuant to Clause 3 Article 18927 of the Federal Law 'On Insolvency (Bankruptcy)', the Bank of Russia has decided to terminate (Order No. ОD-3707, dated 24 December 2015) effective 25 December 2015) the operations of the provisional administration of the credit institution Open Joint-stock Company Bank SODRUZHESTVO, as appointed under BoR Order No. ОD-2833, dated 16.10.2015 'On appointment of a provisional administration to manage the credit institution Open Joint-stock Company Bank SODRUZHESTVO JSC Bank Sodruzhestvo (Moscow) following revocation of a banking licence'