Competition to find investor for insolvent RwS Bank held
On December 9, the Deposit Guarantee Fund (DGF) summed up the results of an open competition to withdraw the insolvent JSC RwS Bank from the market.
This was stated in the message of the Deposit Guarantee Fund, Ukrainian News Agency reports.
The Deposit Guarantee Fund received three worthy proposals from the participants of the competition (banks and potential investors) and chose the one that meets the principle of least costs.
It is emphasized that the fund is primarily guided by the interests of depositors and creditors.
Currently, operational preparation and coordination actions are underway to implement the resolution plan.
In accordance with current legislation, the fund will publish information about the winner of the competition to withdraw the insolvent bank from the market on its official resources no later than five business days after concluding an agreement with him.
As Ukrainian News Agency earlier reported, on November 4, 2025, the National Bank decided to classify RwS Bank JSC as insolvent.
On November 5, the Deposit Guarantee Fund introduced temporary administration at RwS Bank JSC.