3 investors interested in RwS Bank
Three individuals today expressed interest in withdrawing the insolvent RwS Bank from the market and submitted documents for access to the open tender announced by the Deposit Guarantee Fund (DGF).
This is stated in the DGF reports, Ukrainian News Agency reports.
Currently, the used investors and host banks, in accordance with the legislation, are offered three scenarios for participation in the regulation of the insolvent RwS Bank: sale of the bank as a whole, creation of a transitional bank with its subsequent sale, and transfer of part of the assets and liabilities of the host bank.
The proposed regulation options are not aimed only at protecting the interests of the bank's clients, but are generally more profitable than liquidation, both for depositors and creditors of the insolvent bank, and for deposit guarantee systems.
After all, only the proposal that meets the principle of least cost can be the winner.
The preliminary deadline for submitting applications for admission to participate in the open tender is November 21.
Bids from persons who have been admitted to the open tender are accepted on November 28.
The legislation provides for the possibility of extending this period.
However, the prospect of settlement will primarily depend on the quality of assets on the balance sheet of the insolvent bank and the interest in them by investors themselves.
After submitting documents for access to the open tender and signing a non-disclosure agreement, investors and banks are given the opportunity to study in detail the state of assets and liabilities of RwS Bank to form their bid.
The information is posted in a virtual and physical room. Admission to the tender is free of charge and does not oblige to submit a bid.
As Ukrainian News Agency earlier reported, on November 4, 2025, the National Bank of Ukraine adopted a decision to classify RwS Bank JSC as insolvent.
On November 5, the Deposit Guarantee Fund introduced a temporary administration in RwS Bank JSC.