Ukrainian Vernum Bank terminates banking activities without dissolution of the legal entity, the press office of the financial institution reports.
It happened due to approval by the National Bank of Ukraine (NBU) of the plan for terminating banking activities of the bank. The financial institution informs its clients and depositors that the head office of the bank will repay deposit funds and close accounts within timeframe and in accordance with contract terms, except for deposits, which expire after March 1, 2019. Such deposits are repaid before maturity upon the depositor’s application without recalculating interests for repayment of funds before maturity.
In case of absence of the depositor and other creditor on the place of fulfilling the obligation or evading it from accepting fulfilment of the obligation, within 30 calendar days from notifying the depositor or other creditor, Vernum Bank will transfer the amount of deposit and accrued interests, funds, belonging to the depositor or other creditor, to the deposit of the notary of Kyiv City Notary District in accordance with the legislation of Ukraine.
The bank added that the clients should apply to the head office on all issues related to termination of banking activities.