On revocation of banking licence

Due to the non-compliance by the Surgut-based credit institution Surgut Central Commercial Bank, limited liability company, or CB Surgut Central LLC the Tyumen Region, Khanty-Mansi Autonomous Area — Yugra) with federal banking laws and Bank of Russia regulations, the repeated application over the past year of supervisory measures envisaged by the Federal Law ‘On the Central Bank of the Russian Federation (Bank of Russia)’, and taking into account the fact that as of 1 January 2015 the bank failed to achieve the minimum amount of own funds (capital) stipulated by Part 7 of Article 11²of the Federal Law ‘On Banks and Banking Activity’ and failed to submit an application to change its status to that of non-bank credit institution to the Bank of Russia, guided by Article 19, Clause 6 of Part 1 and Clause 5 of Part 2 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-327, dated 11 February 2015) to revoke the banking licence from the credit institution Surgut Central Commercial Bank, limited liability company (Bank of Russia Registration No. 684, date of registration 1 November 1990), from 11 February 2015.

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11.02.2015 00.00.00