Date: 7 months ago   Category: Finance

The Central Bank has prolonged the term of work of temporary administration of the Asian-Pacific Bank for half a year — Rambler News Service


The Bank of Russia since October 27 has prolonged for half a year the term of work of temporary administration represented by Management company of Fund of consolidation of the banking sector (LLC UK FKBS) for management of the Asian-Pacific Bank, the press service of the regulator reports. "The Bank of Russia has made the decision on extension of term of performance of Ltd company" UK FKBS" of functions of temporary administration on management of Asian-Pacific Bank (PJSC) … with 10/27/2018 for 6 months with stay of powers of executive bodies of the specified credit institution on the basis of item 1 of Art. 189.27 of the Federal law from 10/26/2002 No. 127-FZ" On insolvency (bankruptcy)"" — it is said in the statement. The Central Bank has noted that by the present moment actions for recapitalization of bank which are provided by the plan of participation of the Central Bank in implementation of measures for prevention of bankruptcy are executed. Also have added to the Central Bank that the bank observes all capital adequacy ratios. "Sale of bank to the new investor is planned to be finished till 4/1/2019" — have reported in the Bank of Russia. On April 26 the Central Bank declared sanitation of the Asian-Pacific Bank through Fund of consolidation of the banking sector. According to the regulator, the Asian-Pacific Bank took at that time the 60th place in size of assets among the Russian banks (120 billion rubles as of April 1, 2018) and was one of the largest and socially important regional banks of Siberia and the Far East.

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