Deposit Guarantee Fund starts liquidation of Fortuna-Bank

17:25, 22.02.2017 1 min read

The Individuals' Deposit Guarantee Fund from February 22, 2017 started the liquidation of PJSC Fortuna-Bank (Kyiv), according to the fund's website.

According to its information, the liquidation procedure will last two years until February 21, 2019 inclusive.

Andriy Fedorchenko has been appointed liquidator for the corresponding period.

As reported, the National Bank of Ukraine on February 21, 2017 decided to revoke the banking license and liquidate Fortuna-Bank.

Fortuna-Bank was declared insolvent on January 26, 2017. The deposit guarantee fund from January 27 introduced temporary administration in the financial institution for a period of one month.

As reported, with reference to the National Bank, 91% of all Fortuna-Bank depositors will get their deposits in full, because their size does not exceed the guaranteed sum of UAH 200,000.