Payments to depositors of insolvent Zlatobank suspended
Ukrinform
The Deposit Guarantee Fund has temporary suspended payments to depositors of insolvent JSC Zlatobank, the Fund’s press service reports.
"The Grand Chamber of the Supreme Court under the ruling as of February 5, 2019 denied motions submitted by the Deposit Guarantee Fund and National Bank of Ukraine against the decision of Kyiv Administrative Court of Appeal, dated October 25, 2017, canceling liquidation of JSC Zlatobank,” the statement says.
Therefore, the Executive Directorate of the Deposit Guarantee Fund on February 25, 2019 decided to suspend payments of guaranteed sums to depositors of JSC Zlatobank.
As reported, the National Bank in May 2015 decided to liquidate JSC Zlatobank.
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