Obligations of Promsvyazbank on would be will be stopped




The Bank of Russia approved amendments to the participation plan of the Central Bank in the implementation of measures on prevention of bankruptcy of PJSC “Promsvyazbank”, which provides for the capitalization of the Bank at the expense of the Fund on the consolidation of the banking sector.

“In accordance with the requirements of the Federal law “On banks and banking activities” and Federal law “On insolvency (bankruptcy)” it is the basis for the termination (swap, conversion) of the Bank’s obligations under subordinated loans (deposits, loans, bonded loans) and for the termination of monetary obligations to control employees of the Bank and the Bank Supervisory persons”, – reads the statement of the Central Bank.



Obligations of Promsvyazbank on would be will be stopped 22.12.2017

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