On appointing the state corporation Deposit Insurance Agency to perform the functions of provisional administration of CB BFG-Credit LLC
31 May 2016
Press release
The Bank of Russia took a decision to appoint the state corporation Deposit Insurance Agency to perform the functions of the provisional administration of CB BFG-Credit LLC from 30 May 2016. In this connection, the activity of the provisional administration of CB BFG-Credit LLC appointed by Bank of Russia Order No. OD-1207, dated 12 April 2016, is terminated.
The provisional administration will inspect the financial standing of CB BFG-Credit LLC, resulting in proposals of follow-up actions with respect to the bank.
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