OREANDA-NEWS. In compliance with Clause 2 of Article 18926 and Articles 18931, 18932, 18935 of the Federal Law ‘On Insolvency (Bankruptcy)’ and due to the revocation of the banking licence from the Moscow-based credit institution International Joint-Stock Bank, closed joint-stock company (IJS Bank CJSC) (Bank of Russia Registration No. 1987, date of registration is 4 August 1992) (Order No. OD-328, dated 3 February 2016), the Bank of Russia took a decision (Order No. OD-329, dated 3 February 2016) to appoint from 3 February 2016 a provisional administration to manage the credit institution International Joint-Stock Bank, closed joint-stock company, for a term in accordance with the Federal Law ‘On Insolvency (Bankruptcy)’ until the arbitration court adjudication on the recognition of bankruptcy and initiation of bankruptcy proceedings (appointment of a receiver) or until the arbitration court adjudication on the appointment of a liquidator becomes valid.

Viktoria V. Lazarenko, chief economist of the liquidated credit institutions section No. 2 of the Credit Institutions Licensing and Liquidation Division of the Bank of Russia Main Branch for the Central Federal District, has been appointed as a head of the provisional administration of the credit institution International Joint-Stock Bank, closed joint-stock company.

The provisional administration of the credit institution International Joint-Stock Bank, closed joint-stock company, also includes: O.V. Musinova, S.Ye. Zuevskaya, L.N. Tkachenko, V.M. Tarasov, M.N. Zhabrov, S.V. Belyakova, A.A. Suvorov, A.N. Davidenko.