On termination of activity of provisional administration

Due to the ruling of the Arbitration court of the Belgorod Region dated 25 November 2014 on the forced liquidation of the credit institution open joint-stock company Northern Investment Bank for Economic Development (Bank of Russia Registration No. 2264, date of registration — 26 January 1993) and appointing a receiver in compliance with Clause 4 of Article 18 of the Federal Law ‘On the Insolvency (Bankruptcy) of Credit Institutions’, the Bank of Russia took a decision (Order No. OD-3480, dated 11 December 2014) to terminate from 12 December 2014 the activity of the provisional administration of the credit institution open joint-stock company Northern Investment Bank for Economic Development appointed by Bank of Russia Order No. OD-2049, dated 08 August 2014, ‘On the Appointment of the Provisional Administration to Manage the Belgorod-based Credit Institution Open Joint-Stock Company Northern Investment Bank for Economic Development Due to the Revocation of Its Banking Licence’.

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