Liquidation of Radical Bank extended for another year
Ukrinform
The Deposit Guarantee Fund of Ukraine has extended the term of liquidation of PJSC Radical Bank for one year, the Fund’s press service has reported.
“Pursuant to Law of Ukraine ‘On the system of guaranteeing deposits of individuals,’ the Executive Directorate of the Deposit Guarantee Fund approved a decision as of October 24, 2019, No.2712, to extend the term of liquidation of PJSC Radical Bank for one year, from November 10, 2019 until November 9, 2020, inclusive,” reads the report.
As Ukrinform reported, the National Bank of Ukraine (NBU) on November 9, 2015 decided to revoke a banking license and liquidate PJSC Radical Bank.
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