Liquidation of Bank Capital extended for one year

Liquidation of Bank Capital extended for one year

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

“Under point 2 of Part 5 of Article 12, Part 1 of Article 35, Part 5 of Article 44, Part 3 of Article 48 of the Law of Ukraine “On Individuals' Deposit Guarantee System,” the Executive Directorate of the Deposit Guarantee Fund approved a decision as of October 4, 2018, No.2679, to extend the term of liquidation of PJSC Commercial Bank Capital for one year, from October 30, 2018 until October 29, 2019 inclusive,” reads the report.

As reported, the National Bank of Ukraine on October 29, 2014 approved a decision to revoke the banking license and liquidate PJSC Commercial Bank Capital.

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