OREANDA-NEWS. March 28, 2016. The Bank of Russia took a decision to appoint the state corporation Deposit Insurance Agency to perform the functions of the provisional administration of LLC FCRB Bank (hereinafter, the Bank).

In the nearest time the provisional administration shall prepare proposals on conditions of the Bank’s future operations.

The provisional administration of the Bank performs the functions stipulated by article 18934 of the Federal Law ’On the Insolvency (Bankruptcy)’ and has due authority pursuant to Article 18931 of the Federal Law ’On the Insolvency (Bankruptcy)’ and related Bank of Russia regulations.