There are several options offered for putting the bank out of market.
The Individual Deposit Insurance Fund has announced a tender for potential investors of the bankrupt Fidobank, the Fund’s press-office reports.
As it is reported, the candidates are offered several options for putting the bank out of market. In particular, the liquidation of the bank with transferring all or partial assets and liabilities to the receiving bank, the sales of insolvent bank to the investor, the transfer of assets and liabilities of the bankrupt bank to the receiving bank with further revocation of Fidobank’s license and its liquidation.
The fund also proposes to create and sell the investor the intermediary bank, to which the assets and liabilities of insolvent banks will be preliminarily transferred, and then to liquidate the bankrupt bank.
As it was previously reported, IDIF will refund UAH 1.8 bln to Fidobank depositors.
