Bank Forum to be liquidated - NBU

11:19, 17.06.2014 1 min read

The National Bank of Ukraine (NBU) has decided to liquidate Bank Forum (Kyiv), the NBU has reported on its Web site.

"Given the proposals of the Individuals' Deposit Guarantee Fund, the NBU board has decided to revoke the banking license and liquidated PJSC Bank Forum," reads the report.

According to the report, the relevant decision is stipulated in NBU resolution No. 355 of June 13.

The NBU has not given any other details of such a decision.

As reported, Alfa-Bank studied the possibility of becoming an investor in Bank Forum.

Bank Forum was founded in 1994. On January 1, 2014 Smart-holding owned 98.6764% of its charter capital through Cypriot Yernamio Consulting Ltd.

According to the National Bank of Ukraine, on January 1, 2014 by total assets the bank ranked 24th (UAH 10.404 billion) among 180 banks in Ukraine.