National Bank recognizes Novy Bank insolvent

15:30, 14 July 2017

Economy

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The National Bank of Ukraine (NBU) has classified Novy Bank as insolvent. The bank’s key shareholder (18.33%) is state-owned enterprise Yuzhnoe [Pivdenne in Ukrainian] State Design Office, according to the regulator's website.

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Tags: #Ukraine #NBU #insolvent #NovyBank

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National Bank recognizes Novy Bank insolvent

The National Bank of Ukraine (NBU) has classified Novy Bank as insolvent. The bank’s key shareholder (18.33%) is state-owned enterprise Yuzhnoe [Pivdenne in Ukrainian] State Design Office, according to the regulator's website.

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