Ukrainian central bank orders liquidation of Fidobank | S&P Global Market Intelligence

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Ukrainian central bank orders liquidation of Fidobank

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20 Jul, 2016 | 07:22

Ukrainian central bank orders liquidation of Fidobank

Author Leo Antonio Magno
Theme Banking

The ordered July18 the withdrawal of PJSCFidobank's banking license and the lender's liquidation.

The central bank declaredFidobank insolvent inMay, following an outflow of funds from the bank and subsequent liquidityproblems.

Author
Leo Antonio Magno
Theme
Banking