New NSCO Luminis established, former TransCreditBank president appointed director

MOSCOW. Dec 23 (Interfax) - A new non-banking settlement credit organization (NSCO), JSC Luminis, has been established, data in the Unified State Registry of Legal Entities (USRLE) indicate.

JSC Luminis was registered on December 20, and the authorized charter capital totals 90 million rubles, though the founder is undisclosed.

Former TransCreditBank president Dmitry Kormilitsyn heads Luminis. TransCreditBank merged with VTB in 2013.

The Central Bank of Russia has not granted Luminis a license to date.

Kormilitsyn headed TransCreditBank from April 1999 to February 2002, when Railways Ministry entities controlled the bank. Kormilitsyn then worked at the Eurotrust, Petrocommerce-Ukraine, and Soyuz Bank banks, respectively. From 2019 to 2021, he was executive director at RZD-Infrastructure Projects. From February 2021 to January 2022, Kormilitsyn was CEO at SShKh LLC, whose principal owner is RZD-Infrastructure Projects.

The Central Bank last registered a new NSCO, Juno Finance, in April, issuing the license in May. The regulator registered another NSCO, Euro-Asian Settlement Company, prior to this in January. There are currently 12 NSCOs operating in Russia, the CBR said.