In 2018, the Deposit Guarantee Fund of Ukraine completed the liquidation of the first four banks that were transferred to the Fund’s management.
“The year 2018 was the year of completion of the procedure for liquidation of the first four banks that were transferred to the management of the Fund – PJSC State Land Fund, JSC Erde Bank, JSC Bank Tavrika and PJSC Classic Bank,” reads the report released by the Fund’s press service.
On January 3, the liquidation of PJSC FinBank was completed.
In general, the Deposit Guarantee Fund intends to complete the liquidation of more than 40 banks in 2019. (Ukrinform/Business World Magazine)