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Deposit Guarantee Fund pulls rug on UAH20 billion of Delta Bank deals
Journal Staff Report

KIEV, Jan. 27 – The Individuals' Deposit Guarantee Fund has declared void over 150 deals worth around UAH 20 billion signed with the purpose of removing funds from Delta Bank (Kiev), the liquidator of the bank Vladyslav Kadyrov said at a press conference on Tuesday.

"There was an attempt of removing assets worth around UAH 20 billion. They tried to remove secured good credits and solvent credits. We declared these transactions void, stopped them and returned to the balance sheet. Now they are as a debt on the balance sheet officially," he said.




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