The Deposit guarantee Fund of individuals (fgvfl) has started the procedure of liquidation of readjustment of Rodovid Bank, nationalized in 2009. In February last year, the national Bank of Ukraine (NBU) and the Ministry of Finance declared the Bank insolvent, reminiscent of the DGF.

Yesterday, the NBU decided to liquidate him.

Liquidation of the Bank will last two years until December 19, 2019. The liquidator of the Fund has appointed Andrey Shevchenko.

Rodovid Bank has worked on the market of Ukraine since 1990 and was part of a large group. After the financial crisis of 2008, he was capitalized by the government in 2009-2011, and since 2011 the Bank worked in the status of remediation.

In February, the NBU and the Ministry of Finance acknowledged that the Genealogy of the lost functions of the sanation Bank. “Over the activities of the Bank as remedial, its revenues covered only costs, the government has not had any dividends from the Bank’s activities”, – noted in the NBU.

Elimination of Rodovid Bank will last two years 21.12.2017

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