The National Bank of Ukraine on December 18 made a decision to terminate the banking license of Kyiv’s VTB Bank, a subsidiary of the eponymous Russian lender, the press service of the Individuals’ Deposit Guarantee Fund reported.
“The Deposit Guarantee Fund made the corresponding decision based on the National Bank decision on December 18 on revoking the license, and today we are entering VTB Bank as a liquidator,” the press service said. (Interfax-Ukraine/Business World Magazine)