OREANDA-NEWS. February 17, 2016. 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 Rostov-on-Don-based credit institution Rostov-on-Don Joint-stock Commercial Bank Kapitalbank, open joint-stock company, or OJSC JSCB Kapitalbank (Bank of Russia Registration No. 2547, date of registration — 25 October 1993) (Order No. OD-376, dated 5 February 2016) the Bank of Russia took a decision (Order No. OD-522, dated 15 February 2016) to appoint from 15 February 2016 a provisional administration to manage the credit institution Rostov-on-Don Joint-stock Commercial Bank Kapitalbank, open 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.

Natalya Pak, chief economist of the systemically important credit institutions supervision sector of the banking supervision section of the Rostov-on-Don Regional Division, has been appointed as a head of the provisional administration of the credit institution Rostov-on-Don Joint-stock Commercial Bank Kapitalbank, open joint-stock company.

The provisional administration of the credit institution Rostov-on-Don Joint-stock Commercial Bank Kapitalbank, open joint-stock company, also includes: Ye.V. Yepanchintseva, N.G. Pytel, V.O. Kopylov, G.P. Gavrilina, D.E. Tosunyan, Yu.K. Kaskova, A.A. Ivanko, A.N. Rodionova, T.V. Kondrashova, Ye.O. Repina, O.V. Boyev, S.F. Afanasyeva, G.A. Kulikova, D.A. Pavlov, A.S. Blagodirov, V.S. Boyev, A.M. Badziyev, O.K. Fedorova, P.A. Kotelnikov, T.M. Zubova, A.S. Redko, D.A. Kotenko, K.A. Klishin, E.A. Solovyev, V.A. Zhilin, L.A. Borisenko, O.V. Shcherbakova, A.V. Vasiliev.