KIEV, Jan. 18 – The Individuals' Deposit Guarantee Fund has decided to extend the search for potential investors in Bank Tavrika (Kiev).

"The fund announces that the terms for searching for potential investors in the insolvent Bank Tavrika have been prolonged until January 30… Only banks can participate in the purchase of assets and the transfer of the bank's liabilities," reads the report of the fund.

The National Bank of Ukraine at the end of November 2012 put Bank Tavrika into the category of insolvent banks, and the Individuals' Deposit Guarantee Fund introduced temporary administration until March 20, 2013.