Deposit Guarantee Fund extends liquidation of two banks

The Deposit Guarantee Fund has extended the terms of liquidation of PJSC Ukrkomunbank and PJSC East-Industrial Commercial Bank for one year, the Fund’s press service reports.

“The Executive Directorate of the Deposit Guarantee Fund approved a decision as of August 28, 2017, No. 3789, to extend the terms of liquidation of PJSC Ukrkomunbank for one year, until Septmber13, 2018 inclusive,” reads the report.

Also, the Executive Directorate of the Deposit Guarantee Fund approved another decision as of August 28, 2017 to extern the terms of liquidation of PJSC East-Industrial Commercial Bank until Septmber10, 2018 inclusive.

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