Deposit Guarantee Fund extends temporary administration at Bank Standard

12:58, 20.05.2015 1 min read

The Individuals' Deposit Guarantee Fund has extended temporary administration at PJSC Bank Standard (Kyiv) until June 18, the fund has said on its website.

"To safeguard the assets of insolvent PJSC Bank Standard, and prevent the loss of property and the bank's losses, the Individuals' Deposit Guarantee Fund made decision No. 101 of May 18, 2015 on extending temporary administration at PJSC Bank Standard until June 18, 2015 inclusively," reads the statement.

The Individuals' Deposit Guarantee Fund introduced temporary administration at Bank Standard from February 20 to May 19.