The bank is adjudged insolvent
The Deposit Guarantee Fund has applied to the National Bank of Ukraine to recall the banking license and liquidate JSC Finrostbank, due to insolvency, the press-office of the DQF reports.
Given that it is high time to accomplish drafting a list of depositors that have the right for reimbursement within the period of the bank liquidation, payments to the depositors of JSC Finrostbank through PJSC IMEXBANK branches have been suspended since 14.10.2014.
At the same time, the Fund informs that payments to the Finrostbank depositors will be reinstated not later than seven days from the date of the banking license revocation and commencement date of the liquidation procedure determined by the NBU, and will be paid to depositors irrespective of the expiry date of the agreement.