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The National Bank of Ukraine Adopts a Decision on the Revocation of the Banking License and Liquidation of Fortuna-Bank JSC

On  21 February 2017, the National Bank of Ukraine, upon the proposal of the Deposit Guarantee Fund,  issued Decision No.89-D on the withdrawal of the banking license and liquidation of Fortuna-Bank JSC.    

On  26 January 2017, pursuant to Article 76 of the Law of Ukraine On Banks and Banking,  the  NBU declared Fortuna-Bank JSC insolvent.  As reported by the NBU, 91% ( of all the depositors of Fortuna-Bank JSC will be  reimbursed in full, as amounts held in their deposit accounts fall within the insured deposit amount of UAH 200,000, which is covered by the Deposit Guarantee Fund.  

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