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Deposit Guarantee Fund seeking help to take Platinum Bank from market
Journal Staff Report

KIEV, Jan. 16 – The Individuals Deposit Guarantee Fund has started looking for authorized persons interested to participate in removal of insolvent Platinum Bank (Kiev) from the market, the fund has reported on its website.

Preliminarily the authorized persons would have the following ways to remove the bank from the market: liquidation of the bank, selling its assets and liabilities to the accepting bank; the creation of a transition bank and its transfer to the investor with assets and liabilities and further liquidation of the insolvent bank; and the sale of the insolvent bank.




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