On revocation of banking licence

Due to the non-compliance by the Tyumen-based credit institution closed joint-stock company Joint-Stock Tyumen Commercial Agroindustrial Bank or CJSC TYUMENAGROPROMBANK with federal banking laws and Bank of Russia regulations, capital adequacy below 2%, decrease in equity (capital) below the minimal amount of the authoruised capital established as of the date of the state registration of the credit institution, taking into account 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 guided by Article 19, Clause 6 of Part 1 and Clauses 1 and 2 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-3574, dated 19 December 2014) to revoke the banking licence from the credit institution closed joint-stock company Joint-Stock Tyumen Commercial Agroindustrial Bank (Bank of Russia Registration No. 917, date of registration — 23 November 1990) from 19 December 2014.

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19.12.2014 00.00.00