The Individuals’ Deposit Insurance Fund has started the procedure of liquidation of “Bank Sofiiskii”, the Judicial and Legal Newspaper reports.
It is said in the message of the Deposit Insurance Fund.
“According to NBU Board resolution, the executive management of the Insurance Fund took the decision dated April 25, 2016 On Beginning of Procedure of Liquidation of PJSC “Bank Sofiiskii”, the message says.
According to the specified decision, the procedure of liquidation of this financial institution has started from April 25, 2016 to April 24, 2018 inclusive.
In addition, the authorized person of the Fund was appointed and all authorities were delegated to the liquidator of “Bank Sofiiskii” Victor Kulish for two years from April 25, 2016 to April 24, 2018 inclusive.
On December 22, 2015, NBU acknowledged “Bank Sofiiskii” insolvent, after which the Deposit Guarantee Fund introduced a temporary administration for the period of December 23, 2015 to March 22, 2016.
In March the temporary administration was prolonged for a month.
