Date: 7 months ago   Category: Finance

The Central Bank entered temporary administration represented by DIA into the International bank of St. Petersburg — Rambler News Service


Photo: globallookpress.com the Bank of Russia imposed the moratorium on meeting requirements of creditors of the International Bank of St. Petersburg (IBSP) and entered temporary administration represented by Deposit Insurance Agency (DIA), follows from materials of the Central Bank. "Due to the unstable financial position of International Bank of St. Petersburg... and existence of threat to the interests of his creditors and investors the Bank of Russia the order of 15.10.2018 No. OD-2668 assigned since October 15, 2018 to the "Deposit Insurance Agency" state corporation of function of temporary administration on management of MBSP Bank (autonomous area) for a period of six months" — it is said in the statement. The powers of shareholders connected with participation in authorized capital and also powers of governing bodies of bank for activity of temporary administration are suspended. At the same time the Bank of Russia since October 15, 2018 imposed the moratorium on meeting requirements of creditors of MBSP bank for a period of three months. "The specified decisions are made by the Bank of Russia for protection of interests of creditors and investors of bank and will provide complete control of a situation in credit institution and safety of its assets" — notes the regulator. The bank is a participant of a deposit insurance system. Introduction by the Bank of Russia of the moratorium on meeting requirements of creditors of bank is an insured event.

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