Translation. Region: Russian Federal
Source: Central Bank of Russia –
An important disclaimer is at the bottom of this article.
The Bank of Russia has approved amendments to the Participation Plan of the State Corporation “Deposit Insurance Agency” (hereinafter referred to as the Agency) in the implementation of measures to prevent the bankruptcy of INVESTTORGBANK JSC (hereinafter referred to as the Bank).
In accordance with the specified changes, the Agency will independently continue to implement measures to prevent the bankruptcy of the Bank. TKB BANK PJSC will cease participation in the financial recovery of the Bank as an investor after the relevant decisions are made by the management bodies of TKB BANK PJSC.
The bank will continue to fulfill all its obligations to its clients.
Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.