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On termination of activity of provisional administration

2 February 2015
Press release
Due to the ruling of the Arbitration court of the Republic of Bashkortostan dated 15 January 2015 on recognising insolvent (bankrupt) the credit institution Open Joint-Stock Company Payment Service Bank (Bank of Russia Registration No. 1943, date of registration — 26 June 1992) 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-198 dated 29 January 2015) to terminate from 30 January 2015 the activity of the provisional administration of the credit institution Open Joint-Stock Company Payment Service Bank appointed by Bank of Russia Order No. OD-3161, dated 11 November 2014, ‘On the Appointment of the Provisional Administration to Manage the Credit Institution Open Joint-Stock Company Payment Service Bank or OJSC Bank PSB Due to the Revocation of Its Banking Licence’.

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