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National Bank of Ukraine Revokes Licenses from CB Center PJSC and VS Bank PJSC

30 October 2018

Press Release

 

The National Bank of Ukraine (NBU) has revoked banking licenses and general licenses for FX operations from CB Center PJSC and VS Bank PJSC. The NBU Board passed respective decisions on 30 October 2018.

 

The decisions made were attributed to reorganization by takeover of CB Center PJSC by MTB BANK PJSC and VS Bank PJSC by TASCOMBANK JSC according to the simplified procedure under the Law of Ukraine On Simplifying Bank Reorganization and Capitalization Procedures.

 

Please be reminded that the permit to reorganize CB Center PJSC through its takeover by MTB BANK PJSC was issued on 10 August 2018 and the permit to reorganize VS Bank PJSC through its takeover by TASCOMBANK JSC was issued on 10 July 2018.

 


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Last modification   30.10.2018