The Deposit Guarantee Fund has started to liquidate VTB Bank,

Thursday, December 20, 2018

The Deposit Guarantee Fund has started to liquidate VTB Bank, the Ukraine unit of Moscow’s VTB, a state-owned bank. Liquidation started after the National Bank of Ukraine blocked the bank’s sale, alleging procedural violations by Ukrainian banks interested in buying what once was one of the top 20 banks here.

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Morning Economic Digest

Straight, factual, timely and investable business news and economic trends from Ukraine, Europe’s next Frontier Economy.

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Morning Economic Digest

Previous Main Topics

Antony Blinken supports Ukraine’s peace proposal. The US supports Ukraine’s peace framework, which...

Europe believes in a non-military path to Ukraine’s victory through prospects for EU membership. The...

The Ukrainian government has fulfilled 72% of its obligations under the Ukraine-EU Association Agreement....

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