Date: 6 months ago   Category: Finance

The Central Bank has stopped activity of temporary administration of Promsvyazbank — Rambler News Service


The Bank of Russia has stopped activity of temporary administration represented by Management Company of Fund of Consolidation of the Banking Sector (UK FKBS) in Promsvyazbank in connection with formation of governing bodies of bank. It is said in the order of the regulator published on UK FKBS website. "Due to the formation of governing bodies of the Promsvyazbank Public joint stock company bank … To stop execution of the functions of temporary administration on management of the Promsvyazbank Public joint stock company bank assigned to "Management Company of Fund of Consolidation of the Banking Sector" limited liability company since September 6, 2018" — it is said in the order. In December, 2017 the Central Bank declared sanitation of Promsvyazbank through Fund of consolidation of the banking sector, in January the decision to create on its basis bank for work with means of state defense order has been made. In April the ex-head of the Russian export center Pyotr Fradkov has been appointed the head of temporary administration of Promsvyazbank.

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