On revocation of banking licence

Due to the non-compliance by the Moscow-based credit institution Foreign Economic Industrial Bank, limited liability company, or Vneshprombank LLC with federal banking laws and Bank of Russia regulations, repeated violations within a year of the requirements of Articles 6 and 7 (except for Clause 3 of Article 7) of the Federal Law ‘On Countering the Legalisation (Laundering) of Criminally Obtained Incomes and the Financing of Terrorism’ and the related Bank of Russia regulations, capital adequacy below 2%, decrease in equity capital below the minimum 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, Clauses 6 and 6¹ 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 decided (Order No. OD-141, dated 21 January 2016) to revoke the banking licence from the credit institution Foreign Economic Industrial Bank, limited liability company (Bank of Russia Registration No. 3261, date of registration — 3 July 1995), from 21 January 2016.

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