The Deposit Guarantee Fund of Ukraine has extended the term of liquidation of JSC City Commerce Bank for one year, the Fund’s press service reports.
“The Executive Directorate of the Deposit Guarantee Fund approved a decision dated February 21, No. 410, to extend the term of liquidation of JSC City Commerce Bank for one year, from March 20, 2019 until March 19, 2020 inclusive,” the report says.
As reported, the National Bank of Ukraine in March 2015 decided to revoke a banking license and liquidate JSC City Commerce Bank. (Ukrinform/Business World Magazine)