On revocation of banking licence

Due to the non-compliance by the Moscow-based credit institution Commercial Bank OPM-Bank (limited liability company) or CB OPM-Bank Ltd with federal banking laws and Bank of Russia regulations, established instances of material unreliability of financial statements, taking into account the repeated application over the past year of measures envisaged by the Federal Law ‘On the Central Bank of the Russian Federation (Bank of Russia)’, and guided by Article 19, Clauses 3 and 6 of Part 1 of Article 20 of the Federal Law ‘On Banks and Banking Activities’, and Part 11 of Article 74 of the Federal Law ‘On the Central Bank of the Russian Federation (Bank of Russia)’, the Bank of Russia took a decision (Order No. OD-1208, dated 1 June 2015) to revoke the banking licence from the credit institution Commercial Bank OPM-Bank (limited liability company) (Bank of Russia registration No. 2734, date of registration is 4 March 1994) from 1 June 2015.

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01.06.2015 00.00.00