Bank of Russia appoints provisional administration for JSCB DALETBANK

 
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Moscow: In compliance with Clause 2 of Article 18926 of the Federal Law ‘On Insolvency (Bankruptcy)’ and due to the revocation of the banking licence from the Moscow-based credit institution joint-stock commercial bank DALETBANK, joint-stock company, or JSCB DALETBANK JSC (Bank of Russia Registration No. 3049, date of registration — 10 August 1994) (Order No. OD-1917, dated 3 August 2015) the Bank of Russia took a decision (Order No. OD-1918, dated 3 August 2015) to appoint from 3 August 2015 a provisional administration to manage the credit institution joint-stock commercial bank DALETBANK, 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...

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