The interim administration must ensure the safety and to assess the quality of assets Note-the Bank and the prospects for restoring liquidity. The regulator also imposed a three month moratorium on satisfaction of requirements of creditors “the Note-Bank”.
MOSCOW, 13 Oct. The Bank of Russia 13 October and appointed a temporary administration in Nota-Bank for 6 months with the suspension of powers of Executive management bodies of the credit organization, said the regulator on Tuesday.
“The top priority of the interim administration is to ensure the safety and quality assessment of assets Nota-Bank (PJSC), the prospects of recovery of liquidity, as well as working with Bank creditors on possible forms of their participation in overcoming the problems of the Bank”, — stated in the message.
The Bank of Russia also imposed a three month moratorium on satisfaction of requirements of creditors “the Note-Bank”.
According to RIA Rating, on July 1, Nota-Bank was ranked 78-th place among Russian banks by assets with a figure of 88 billion rubles.