OREANDA-NEWS. March 23, 2016. Due to the ruling of the Court of Arbitration of Moscow, dated 24 February 2016, with regard to case No. А40-252160/15-88-477 B, on recognising insolvent (bankrupt) the credit institution Joint-stock Commercial Bank Baltica, public joint-stock company, (Bank of Russia registration No. 967, date of registration: 27 November 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-938, dated 21 March 2016) to terminate from 22 March 2016 the activity of the provisional administration of the credit institution Joint-stock Commercial Bank Baltica, public joint-stock company, appointed by Bank of Russia Order No. OD-3289, dated 24 November 2015, ‘On the Appointment of the Provisional Administration to the Moscow-based Credit Institution Joint-stock Commercial Bank Baltica, Public Joint-Stock Company, or PJSC JSCB Baltica Due to the Revocation of its Banking Licence’.