The National Bank of Ukraine (NBU) has decided to liquidate Energobank, the regulator said on its website.

"After reviewing the proposal of the fund [Individuals' Deposit Guarantee Fund], the NBU board passed resolution No. 370 of June 11, 2015 on revoking the banking licenses of public joint-stock company Energobank and its liquidation," reads the report.

As reported, the Individuals' Deposit Guarantee Fund introduced temporary administration at Energobank from February 13 to May 12, and the fund subsequently extended its operation until June 11.

Energobank was established in 1991.

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 the 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 NBU.