Deposit Guarantee Fund extends liquidation of two banks

The Deposit Guarantee Fund of Ukraine has extended the terms of liquidation of PJSC BG Bank and PJSC Cambio, the Fund’s press service reports.

“The Executive Directorate of the Deposit Guarantee Fund approved a decision as of February 1, 2018 to extend the term of liquidation of PJSC Cambio for one year, from March 2, 2018 until March 1, 2019 inclusive,” reads the report.

Also, the Executive Directorate of the Deposit Guarantee Fund approved another decision to extend the term of liquidation of PJSC BG Bank from February 27, 2018 until February 26, 2019 inclusive.

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