Central Bank of the Russian Federation
Central Bank of the Russian Federation
12/01/2021 | Press release | Distributed by Public on 12/01/2021 18:10
Activity of provisional administration to manage Commercial Bank PLATINA LTD terminated
On 1 December 2021, the Bank of Russia terminated the activity of the provisional administration1 appointed to manage the credit institution Commercial Bank PLATINA LTD (hereinafter, the Bank).
The provisional administration completed its inspection and revealed no signs of insolvency (bankruptcy) of the credit institution.
On 18 November 2021, the Arbitration Court of the City of Moscow issued a ruling on the forced liquidation of the Bank. The State Corporation Deposit Insurance Agency was appointed as the liquidator.
More details about the work of the provisional administration are available on the Bank of Russia website.
The reference to the Press Service is mandatory if you intend to use this material.
1 The provisional administration was appointed by Bank of Russia Order No. OD-1939, dated 17 September 2021, due to the revocation of the banking licence from Commercial Bank PLATINA LTD.
The reference to the Press Service is mandatory if you intend to use this material.