Deposit Guarantee Fund completes payments to depositors of Standard Bank

The Deposit Guarantee Fund has completed payments to the depositors of PJSC Commercial Bank Standard, according to the Fund’s press service.

"On May 15, 2019, the authorized person of the Deposit Guarantee Fund for the liquidation of PJSC Commercial Bank Standard submitted documents to the state registrar of legal entities, individual entrepreneurs and public organizations to record the termination of the bank as a legal entity in the United State Register of Legal Entities, Individual Entrepreneurs and Public Organizations. Respectively, the Deposit Guarantee Fund completes payments of guaranteed deposit refunds on the day of submission of documents to the United State Register regarding the liquidation of the bank as a legal entity,” reads the report.

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