Reorganization of credit organizations (joint stock companies) in the form of amalgamation and consolidation

The article is analyzes the essential reorganization steps of credit organization in the amalgamation and consolidation forms. The main difference of the reorganization in the form of amalgamation from the consolidation is that amalgamation is not only the termination of activity of joint-stock companies, but also its creation. In turn, when consolidation takes place only the termination of activity of joint-stock companies. Hence the various specifics in the steps of the reorganization.