KIEV, Sept. 21 – The Individuals' Deposit Guarantee Fund has placed bank Finance and Credit, which had been under the control of MP Kostiantyn Zhevaho, under temporary administration.

The bank was placed in the category of insolvent banks by the National Bank of Ukraine on September 17.

"The decision to introduce temporary administration was made after the bank was declared insolvent, and the temporary administration started operating today [September 18]," the press service of the fund said.