BM Bank, a subsidiary of Russia’s VTB Bank, is the latest small bank to close in Ukraine

Wednesday, November 7, 2018
BM Bank, a subsidiary of Russia’s VTB Bank, is the latest small bank to close in Ukraine

BM Bank, a subsidiary of Russia’s VTB Bank, is the latest small bank to close in Ukraine. On Tuesday, the National Bank of Ukraine revoked the bank’s licenses. Today, there are 78 banks in Ukraine about half the number of 2014.

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