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State financial regulator asks NBU to review non-returned deposits
Journal Staff Report

KIEV, Jan. 29 – The state commission for financial service market regulation has asked the National Bank of Ukraine to consider reports of the non-return of expired deposits of insurance companies by Nadra Bank and Finance&Credit Bank, and inform the commission on measures taken.

"There are cases when banks refuse to fulfill their commitments on deposit agreement when the expiration term arrives. According to information received by the commission from insurers, OJSC Nadra Bank and OJSC Finance&Credit Bank did not return funds to insurers," reads the report.




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