NBU revokes license, decides to liquidate Concord Bank
The Board of the National Bank of Ukraine has decided to revoke the banking license from Bank Concord (Kyiv) and liquidate it from August 1, 2023 due to the bank's systematic violation of legal requirements in the field of preventing and combating money laundering, the financing of terrorism and the proliferation of weapons of mass destruction.
"The share of the financial institution was 0.17% of the assets of solvent banks, so its withdrawal from the market will not affect the resilience of Ukraine's banking sector," the NBU said in a statement.
Advertising
Advertising
MORE ABOUT
URCS Emergency Response Team involved in containing fire in Osokorky Ecopark
19:25, 06.03.2024
Air Force Commander Oleschuk confirms destruction of enemy A-50
20:14, 23.02.2024
SBI searches district courts of Kyiv in case of misappropriation of funds by owners of Finance and Credit bank
20:10, 12.01.2024
SPF presents road map for Land Bank project implementation
20:39, 20.11.2023
Sense Bank will continue to service individuals during nationalization, break in service to legal entities until afternoon July 21 – Deposit Guarantee Fund
20:41, 20.07.2023
LATEST
As result of Defense Intelligence Agency mission in Crimea, enemy speedboat destroyed
12:39, 06.05.2024
Invaders redeploy forces for possible attack on Kharkiv – ISW
12:11, 06.05.2024
Over 400,000 consumers left without electricity in Sumy region due to night strike by Russia
11:44, 06.05.2024
Over past 24 hours in Kharkiv region, one dead, 20 injured as result of enemy shelling
11:31, 06.05.2024
In Finland, GPS interference intensifies when Ukrainian UAVs start attacks on Russian energy infrastructure