Ukraine: IMF chief calls PrivatBank nationalization an important step to maintain fiscal stability

Managing Director of the International Monetary Fund (IMF) Christine Lagarde has welcomed the decision of the Ukrainian government and the National Bank of Ukraine on the nationalization of PrivatBank, the largest bank in the country, as it is an important step to ensure financial stability. “Today’s decision of Ukrainian authorities to nationalize PrivatBank is an…

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Ukraine: FUIB begins the disbursement of funds to depositors of the PJSC “Bank Mykhailivskyi”

Starting on December 16, First Ukrainian International Bank (FUIB) began to disburse the guaranteed amounts of deposits to the customers of PJSC “Bank Mykhailivskyi”, that is to individuals whose funds were subject to compensation by the Private Deposit Guarantee Fund. PJSC “FUIB” disburses funds to depositors who, when concluding bank deposit/account agreement with PJSC “Bank…

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