CBR laid on the DIA the functions of temporary administration on management of Bank “Soviet”


MOSCOW, October 23. The Bank of Russia has conferred upon the state Corporation “Agency for deposits insurance” (DIA) functions of temporary administration on management of Bank “Soviet” (St. Petersburg). This is stated in the message controller.

This decision was made in connection with the identification of signs of financial instability of the Bank, threaten the interests of its creditors (depositors).

One of the priorities of the interim administration is to conduct a survey of the financial situation of the credit institution, the report says.

The powers of the heads of the Bank, its management bodies and powers of shareholders of the Bank related to participation in the authorized capital, including the right to convene the General meeting of shareholders, suspended.