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On appointment of provisional administration

10 December 2014
Press release

In compliance with Clause 2 of Article 17 of the Federal Law ‘On the Insolvency (Bankruptcy) of Credit Institutions’ and due to the revocation of the banking licence from the Moscow-based credit institution open joint-stock company Trade Construction Bank or OJSC TCB (Bank of Russia Registration No. 1250, date of registration — 20 December 1990) (Order No. OD-3457 of 10 December 2014) the Bank of Russia took a decision (Order No. OD-3458 of 10 December 2014) to appoint from 10 December 2014 a provisional administration to manage the credit institution open joint-stock company Trade Construction Bank for a term in accordance with the Federal Law ‘On the Insolvency (Bankruptcy) of Credit Institutions‘ until the arbitration court adjudication on the recognition of bankruptcy and initiation of bankruptcy proceedings (appointment of a receiver) or until the arbitration court adjudication on the appointment of a liquidator becomes valid.

Svetlana V. Dyemina, chief economist with the reporting data receipt and processing section of Branch 2 Moscow has been appointed as a head of the provisional administration of the credit institution open joint-stock company Trade Construction Bank.

The provisional administration of the credit institution open joint-stock company Trade Construction Bank also includes: N.V. Kuzmenko, T.I. Kulikova, Ye.N. Astafyeva, N.A. Lushchikova, A.A. Allakin, E.A. Solovyev, V.M. Tarasov, O.V. Shcherbakova, A.N. Davidenko and I.A. Allyamov.


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