OREANDA-NEWS. In compliance with Clause 2 of Article 18926 and Articles 18931, 18932 and 18935 of the Federal Law ‘On the Insolvency (Bankruptcy)’ and following revocation of the banking licence of the Moscow-based credit institution Commercial Bank REGNUM (LLC) or REGNUM BANK (LLC) (Bank of Russia Registration No. 3373, date of registration — 10 May 2001) (Order No. OD-378, dated 5 February 2016), the Bank of Russia took a decision (Order No. OD-379, dated 5 February 2016) to appoint from 5 February 2016 a provisional administration to manage the Moscow-based credit institution Commercial Bank REGNUM (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.

Maya V. Sudakova, chief economist of liquidated credit institution section No. 1 of the Credit Institution Licensing and Liquidation Division of the Bank of Russia Main Branch for the Central Federal District, has been appointed as a head of the provisional administration of the credit institution Commercial Bank REGNUM (LLC).

The provisional administration of the credit institution Commercial Bank REGNUM (LLC) includes I. M. Ivanova, Zh. V. Timokhina, M. Ye. Bogomolova, A. F. Svetlova, Ye. N. Kosayeva, O. Yu. Prozorova, S. Yu. Yakimova, S. N. Zinev, O. A. Chekalina, S. A. Sokolov, L. A. Borisenko, Yu. N. Aksyenov and A. N. Davidenko.