OREANDA-NEWS. Due to the ruling of the Court of Arbitration of the Rostov Region dated 7 June 2016, with regard to case No. А53-11457/2016 on recognising insolvent (bankrupt) the credit institution Joint-stock commercial bank Stella-Bank (joint-stock company) (Bank of Russia Registration No. 2948, date of registration — 29 June 1994) and appointing a receiver in compliance with Clause 3 of Article 18927 of the Federal Law ‘On the Insolvency (Bankruptcy)’, the Bank of Russia took a decision (Order No. OD-2070, dated 28 June 2016) to terminate from 29 June 2016 the activity of the provisional administration of the credit institution Joint-stock commercial bank Stella-Bank (joint-stock company), appointed by Bank of Russia Order No. OD-1260, dated 14 April 2016, ‘On the Appointment of the Provisional Administration to the Rostov-on-Don-based Credit Institution Joint-stock Commercial Bank Stella-Bank (Joint-stock Company) or JSC JSCB Stella-Bank Following Revocation of Its Banking Licence.’