NBU liquidates Ukrbudinvestbank

The National Bank of Ukraine (NBU) has decided to revoke the banking license and liquidate JSC Ukrainian Construction and Investment Bank (Ukrbudinvestbank).

This is said in a statement published on the central bank’s website, Ukrinform reports.

"The National Bank of Ukraine..., upon the proposal of the Deposit Guarantee Fund, adopted a decision dated October 5, 2023, No.350-rsh, to revoke the banking license and liquidate JSC Ukrainian Construction and Investment Bank,” the report says.

On September 7, the National Bank recognized Ukrbudinvestbank as insolvent.