Business news from Ukraine

DEPOSIT GUARANTEE FUND COMPLETING LIQUIDATION OF BANK STAROKYIVSKY

The Individuals’ Deposit Guarantee Fund is completing the liquidation of Bank Starokyivsky (Kyiv), according to the website of the fund.

According to the report, on September 17, the liquidator of Bank Starokyivsky submitted documents to the state registrar of legal entities, individual entrepreneurs and public organizations for state registration of the bank’s termination as a legal entity in the unified state register of legal entities, individual entrepreneurs and public organizations.

The fund also announced the completion of payment of guaranteed amounts of compensation to the bank’s depositors.

As reported, the National Bank of Ukraine (NBU) in September 2014 decided to liquidate Bank Starokyivsky.

Bank Starokyivsky Bank was founded in 1991.

Bank Starokyivsky ranked 148th among 173 banks operating in the country on July 1, 2014 in terms of total assets (UAH 413.806 million), according to the National Bank of Ukraine.

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