OREANDA-NEWS. March 21, 2016. In compliance with Clause 2 of Article 18926 and Articles 18931, 18932, 18935 of the Federal Law ‘On Insolvency (Bankruptcy)’, due to the revocation of the banking licence from the Vladikavkaz-based credit institution Joint-Stock Commercial Bank 1Bank, public joint-stock company, or PJSC JSCB 1Bank (Bank of Russia Registration No. 2896, date of registration — 10 June 1994) (Order No. OD-904, dated 17 March 2016) the Bank of Russia took a decision (Order No. OD-905, dated 17 March 2016) to appoint from 17 March 2016 a provisional administration to manage the credit institution Joint-Stock Commercial Bank 1Bank, public joint-stock company, 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.

Emma Kozhiyeva , chief economist of the general statistic sector under the general economic section of the Division — the National Bank of the Republic of North Ossetia-Alania, has been appointed as a head of the provisional administration of the credit institution Joint-Stock Commercial Bank 1Bank, public joint-stock company.

The provisional administration of the credit institution Joint-Stock Commercial Bank 1Bank, public joint-stock company, also includes: R.K. Kalayev, V.T. Morgoliyeva, Z.I. Tavasiyeva, T.A. Khaymanonov, R.I. Dzugayev, V.S. Kabolov, V.O. Sedikov, L.P. Boguslavskaya, A.V. Sychev, O.V. Boyev, N.V. Mustafina, V.A. Zhilin, I.P. Strokov, M.B. Zhamanov, A.N. Davydenko, I.A. Alliamov, A.V. Tereshin, A.Yu. Mairov.