On JSC OGRES KOMERCBANKA
In accordance with Directive 98/26/EC of the European Parliament and of the Council of 19 May 1998 on settlement finality in payment and securities settlement systems, Directive 2001/24/EC of the European Parliament and of the Council of 4 April 2001 on the reorganization and winding up of credit institutions and Directive 2006/48/EC of the European Parliament and of the Council of 14 June 2006 relating to the taking up and pursuit of the business of credit institutions (recast) that have been transposed into the Latvian legislative acts, the Financial and Capital Market Commission has to inform the European Commission and competent authorities of all Member States about any reorganization measures or initiated winding up proceedings concerning the Latvian credit institutions.
Regarding the above-mentioned, the Financial and Capital Market Commission notifies that on 21 December 2006 the Board of the Financial and Capital Market Commission issued Decision # 215 and decided to:
1. withdraw the licence granted to the JSC OGRES KOMERCBANKA (legal address: 12 E. Birznieka-Upisa St., Riga, LV-1050, Latvia; registration # 40003150023);
2. file a petition for liquidation of the JSC OGRES KOMERCBANKA to the Riga District Court.
Head of PR Division
Financial and Capital Market Commission
Republic of Latvia
phone +371 777 4807