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DGF completes liquidation of Concord Bank

Documents. Photo: depositphotos
Documents. Photo: depositphotos

The Deposit Guarantee Fund (DGF) has completed the liquidation of Concord Bank.

This is stated in the fund's message, Ukrainian News Agency reports.

In accordance with the provisions of Part 3 of Article 53 of the Law "On the Deposit Guarantee System for Individuals", on May 5, an entry No. 1002241110058028608 was made to the Unified State Register of Legal Entities, Individual Entrepreneurs and Public Organizations on the state registration of the termination of JSC "Joint-Stock Commercial Bank Concord" as a legal entity, and therefore the liquidation of the bank is considered completed, and the bank itself is liquidated.

The powers of the Deposit Guarantee Fund as the bank's liquidator have been terminated.

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As Ukrainian News Agency earlier reported, the National Bank's board adopted a decision to revoke the banking license of JSC "JCB Concord" and its liquidation from August 1, 2023.

56.22% of the shares of Concord Bank belonged to Olena Sosedka, 43.76% to Yulia Sosedka.

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