KIEV, Sept. 18 – The National Bank of Ukraine in resolution No. 612 has decided to place Bank Finance and Credit, which is under control of MP Kostiantyn Zhevaho, in the category of insolvent banks.

"Bank Finance and Credit took liabilities to support the bank's liquidity thanks to sale of non-profile assets of the shareholder and observe the level of mandatory reserves and other requirements… When the shareholder did not fulfill its liabilities, we reacted quickly. Today, the bank was declared insolvent and transferred to the fund [the Individuals' Deposit Guarantee Fund]," said NBU Governor Valeriya Gontareva.