Search

Central Bank of Russia demands to liquidate Proinvestbank

... be replaced by a liquidator. The Deposit Insurance Agency also acts as an interim administration. Lenders and bank management tried to challenge the decision to revoke the license, but justice was not on their side. As a reason for the refusal, the Central Bank noted that Proinvestbank overestimated the value of the property in order to artificially demonstrate high financial performance and hide the real state of affairs. The bank also underestimated the amount of reserves for possible losses. The Central Bank, in turn,...

Proinvestbank declared bankrupt

... law by appointing a temporary administration. Vorontsov and Sorokin disagreed with the orders of this administration, which began to deform the reserves and filed a bankruptcy with the court. However, the arbitrators eventually took the side of the Central Bank. Proinvestbank is not a very large credit institution located in Perm. Historically, the bank has existed in the city since 1946, having emerged as the Stalin branch of the state bank. The city then bore the name Molotov. After Stalin's death, the bank ...

Proinvestbank complained about falsification in bankruptcy case

... electronic document management, duly certified by an EDS back in January-April 2021. However, the alleged lack of the necessary documents became the basis for the emerging regulator's demand to add additional reserves, remind the representatives of Proinvestbank. And the inability to fulfill it, in turn, became the basis for filing a bankruptcy claim in court. The conflict situation, in which the Central Bank of the Russian Federation and a credit institution from Perm found themselves, began in April. First, the regulator revoked the bank's license, pointing out a violation of the law. A month later, a bankruptcy claim based on an analysis of ...

PROINVESTBANK PROTESTS AGAINST BANKRUPTCY AND REVOCATION OF LICENSE

... bank's shareholder Maxim Sorokin are trying to challenge the regulator's decision in court. What is more, the complaint of Proinvestbank about the revocation of the license will be considered on July 19, and the hearing on the bankruptcy case was postponed ... ... ex-head of the bank Vorontsov managed to do was to make the court refuse to satisfy the regulator's claim. Representatives of the Central Bank tried to exclude the former head of the board from the list of participants in the case (he was declared as a third ...

Sorted by relevance | Sort by date