Wednesday, June 1, 2011

At OAO Agrochimbank appointed interim administration

The Bank of Agricultural and Chemical Industries (OAO Agrochimbank) license revoked due to failure Agrochimbank federal laws, the failure to satisfy the claims of creditors on monetary obligations and fulfill the obligation to make mandatory payments. Agrochimbank - party to the deposit insurance system. Therefore, the revocation of a license to conduct banking operations is an insurance case, which is provided by federal law "On Insurance of Household Deposits in Banks of the Russian Federation." Central Bank decided to introduce a temporary administration in Agrochimbank, which will manage the bank until the day of the arbitration court decision on bankruptcy and the opening of bankruptcy proceedings (bankruptcy trustee approval) or before the date of entry into force of the arbitral tribunal to appoint a liquidator. On it informs Department external and public relations of Bank of Russia

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