18:08 07.05.2015

Deposit Guarantee Fund extends temporary administration in Energobank until June 11

1 min read
Deposit Guarantee Fund extends temporary administration in Energobank until June 11

The Individuals' Deposit Guarantee Fund has extended temporary administration in Energobank until June 11, the fund reported on its website.

According to the report, the fund executive directorate made the corresponding decision on April 30.

As reported, the Individuals' Deposit Guarantee Fund introduced temporary administration in Energobank from February 13 to May 12.

Energobank was established in 1991.

As reported, on January 3 this year the bank said that a consortium of investors, represented by ES2 Holding Ltd. (Singapore), signed documents on the acquisition of ownership of the bank's shares, held by Roylance Services Limited (Cyprus) with its total share of the charter capital being 99.7%, from beneficial owner Anatoliy Danylytsky. However, on January 28 it became known that the ES2 Holding board decided to terminate the planned deal on the acquisition of ownership of Energobank's shares.

Energobank ranked 62nd among the 158 operating banks in the country as of January 1, 2015 by total assets (UAH 2.098 billion), according to the National Bank of Ukraine.

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