Deposit Guarantee Fund extends liquidation of another insolvent bank

The Deposit Guarantee Fund of Ukraine has extended the term of liquidation of JSC Commercial Bank Expobank, the Fund’s press service reports.

“The Executive Directorate of the Deposit Guarantee Fund approved a decision as of March 14, 2019, No.576, to extend the term of liquidation of JSC Commercial Bank Expobank from March 31, 2019 until January 25, 2020 inclusive,” reads the report.

As reported, the National Bank of Ukraine in January 2015 approved a decision to revoke the banking license and liquidate JSC Commercial Bank Expobank.

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