It is recommended to liquidate Platinum Bank.
The Deposit Insurance Fund advanced this initiative.
The Individuals’ Deposit Insurance Fund applied to the National Bank with the proposal of revocation of the banking license and liquidation of Platinum Bank starting from February 24, 2017, UNIAN reports.
According to the message, the Executive Management of the Individuals’ Deposit Insurance Fund approved such decision on February 20, 2017.
The Fund reported that due to the liquidation, it suspended payments under the agreements, the validity of which terminated before the introduction of temporary administration to the bank.
In the meantime, the fund noted that the payments of guaranteed amounts of reimbursement during the period of liquidation will start not later than March 1, 2017.
It should be reminded that previously the National Bank declared Platinum Bank insolvent.