Photo from UNIAN
The National Bank of Ukraine (NBU) has decided to cancel Kyiv-based Fortuna-Bank's banking license and liquidate it, as was proposed by the Ukrainian Deposit Guarantee Fund, according to the regulator's website.
The Deposit Guarantee Fund introduced temporary administration at Fortuna-Bank on January 27 after the NBU had designated the bank as insolvent.
Read alsoDiagnostics of 60 major banks: 39 financial institutions need recapitalization – NBUFortuna-Bank had been operating in Ukraine since 2002. It was among small-sized banks in terms of assets.