OREANDA-NEWS. In compliance with Clause 2 of Article 18926 and Articles 18931, 18932, 18935 of the Federal Law ‘On Insolvency (Bankruptcy)’, due to the revocation of the banking licence of the Moscow-based credit institution Joint Stock Company SMARTBANK or JSC SMARTBANK (Bank of Russia Registration No. 3408, date of registration — 28 May 2002) (Order No. OD-1013, dated 28 March 2016) the Bank of Russia took a decision (Order No. OD-1014, dated 28 March 2016) to appoint from 28 March 2016 a provisional administration to manage the credit institution Joint Stock Company SMARTBANK 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.

Yevgeny B. Vaisberg, chief economist of liquidated credit institution section No. 1 of the Credit Institution 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 Joint Stock Company SMARTBANK.

The provisional administration of the credit institution Joint Stock Company SMARTBANK also includes V. Ye. Zlobin, D. N. Antipov, S. V. Pashchenko, A. A. Shtibin, N. B. Sutugina, S. A. Esaulov, D. S. Gulentsov, V. M. Petrova, M. A. Danilenko, V. M. Tarasov, O. A. Chekalina, I. A. Allyamov, A. V. Vasilyev and A. A. Knyazev.