According to the Individual Deposit Guarantee Fund, the liquidation of banks will take 3 years, from March 8, 2023 to March 7, 2026.
The Deposit Guarantee Fund for Individuals started the liquidation process of Ibox Bank JSC and Forward Bank JSC, whose licenses were revoked by the Central Bank on March 7 yesterday. This was reported by the press service of the FGVFL.
The liquidation of banks will take 3 years, from March 8, 2023 to March 7, 2026.
Information on the time and method of payments to depositors by financial institutions, as well as the format and deadline for the acceptance of receivables by the bank’s creditors will be made public later.
If you remember, the Central Bank of Ukraine canceled the banking license with the decision of the board of directors dated March 7 and sent Forward Bank, owned by Russian businessman Rustam Tariko, into liquidation. A month before this decision, on February 7, the NBU declared this bank bankrupt.
It was also learned that on March 8, SBU officers searched the offices of Ibox Bank as part of the investigation into possible involvement in money laundering from the gambling business. Ibox Bank was sent for liquidation by the National Bank by the decision of the NBU Board of Directors dated March 7, 2023.
On March 7, the NBU reported that it has decided to liquidate iBox Bank for systematic violations of the requirements of the law in the field of preventing and combating the legalization (laundering) of proceeds from crime.
Previously Focus He understood what would happen to deposits and cards after the tightening of required reserves for banks from March 11, 2023.
Also in the interview Focus Oschadbank chairman of the board, Serhiy Naumov, said that systemic banks in Ukraine have passed the war test and therefore there is no need to worry about the stability of the banking system.
Source: Focus
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