Deposit Guarantee Fund completes liquidation of another bank

Deposit Guarantee Fund completes liquidation of another bank

Ukrinform
The Deposit Guarantee Fund of Ukraine has completed the liquidation of PJSC Commercial Bank TK Credit, according to the Fund’s press service.

“On February 3, 2020, relevant documents were submitted to the United State Register of Legal Entities, Individual Entrepreneurs and Public Organizations to register the termination PJSC CB TK Credit as a legal entity, thus, the process of liquidation of the bank is complete,” reads the report.

Within the limits of payments of the guaranteed refunds, depositors of the bank received UAH 0.4 million.

As reported, the National Bank of Ukraine (NBU) on April 7, 2016 decided to revoke a banking license of PJSC CB TK Credit and made a decision to liquidate the bank.

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