Central Bank of Russia terminates activity of provisional administration of Bank Onego

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AK&M 25 February 2021 23:46

The Central Bank of Russia has terminated the activity of the provisional administration managing JSC Bank Onego, the regulator informed.

No signs of insolvency (bankruptcy) have been established as a result of the provisional administration-conducted inspection of the credit institution.

Earlier, on February 8, 2021, the Arbitration Court of the Republic of Karelia issued a ruling on the forced liquidation of the Bank.