On revocation of banking licence

Due to the non-compliance by the Moscow-based credit institution Open Joint-stock Company Commercial Bank TEST or OJSC CB TEST with federal banking laws and Bank of Russia regulations, due to repeated violations within one year of the requirements stipulated by Article 7 (excluding Clause 3 of Article 7) of the Federal Law ‘On Countering the Legalisation (Laundering) of Criminally Obtained Incomes and the Financing of Terrorism’, due to the applications within one year of 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 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-1438, dated 24 June 2015) to revoke the banking licence from the credit institution Open Joint-stock Company Commercial Bank TEST (Bank of Russia registration No. 3440, date of registration is 21 July 2003) from 24 June 2015.

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24.06.2015 00.00.00