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On appointment of provisional administration

24 July 2015
Press release

In compliance with Clause 4 of Part 2 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 to appoint from 24 July 2015 a provisional administration to manage the credit institution PUBLIC JOINT-STOCK COMPANY COMMERCIAL BANK TULSKII PROMYSHLENNIK (the city of Tula) (Bank of Russia Registration No. 2382).

The provisional administration shall exercise executive powers of the credit institution in accordance with Article 189.31 of the Federal Law ‘On Insolvency (Bankruptcy)’. According to this Article, the basic functions of the provisional administration are examination of the credit institution and implementation of measures to keep its property and documentation safe.


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24.07.2015 00.00.00