OREANDA-NEWS. February 17, 2016. In compliance with Clause 2 of Article 18926 and Articles 18931, 18932, 18935 of the Federal Law ‘On Insolvency (Bankruptcy)’ and due to the revocation of the banking licence from the Moscow-based credit institution Joint-stock Company Commercial Bank Universalnye Financy or UNIFINBANK (Bank of Russia Registration No. 2654, date of registration —20 January 1994) (Order No. OD-523, dated 15 February 2016) the Bank of Russia took a decision (Order No. OD-524, dated 15 February 2016) to appoint from 15 February 2016 a provisional administration to manage the credit institution Joint-stock Company Commercial Bank Universalnye Financy for a term in accordance with the Federal Law ‘On 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.

Irina A. Shagova, chief economist of liquidated credit institution section No. 2 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 Joint-stock Company Commercial Bank Universalnye Financy.

The provisional administration of the credit institution Joint-stock Company Commercial Bank Universalnye Financy also includes: A.M. Malashkin, A.S. Lebedev, T.A. Vtyurina, N.E. Dubovitskikh, M.V. Klyatova, M.N. Byvsheva, N.V. Mustafina, V.M. Tarasov, T.Yu. Pashkova, O.V. Ponkratova, Yu.N. Aksenov, I.A. Allyamov.