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The Deposit Guarantee Fund of Ukraine has extended the term of liquidation of PJSC Bank Finance and Credit 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 September 23, 2019, No.2417, to extend the term of liquidation of PJSC Bank Finance and Credit for one year, from December 18, 2019 until December, 2020, inclusive,” reads the report.
As Ukrinform reported, the National Bank of Ukraine (NBU) on December 7, 2015 decided to revoke a banking license and liquidate PJSC Bank Finance and Credit.