NBU plans to liquidate Bank Arcada

30
Open source/National Bank of Ukraine

The National Bank of Ukraine (NBU) has decided to liquidate Bank Arcada. This was stated on the NBU’s website.

The NBU, at the suggestion of the Deposit Guarantee Fund, made a decision dated September 24, 2020 No. 601-RSh to revoke the banking license and liquidate Arcada Bank.

On August 25, the NBU declared bank Arcada insolvent. The Guarantee Fund introduced a temporary administration to Arcada. On August 26, the head of the Ministry of Internal Affairs of Ukraine Arsen Avakov announced the embezzlement of UAH 9 billion from the funds for financing the construction of the Bank Arcada.

Read also: Ukrainian banks increase profits.

Подписывайтесь на telegram-канал journalist.today