The Government passed a decision on the state’s participation in the exit from the market of JSC SENS BANK
The Cabinet of Ministers of Ukraine adopted a decision according to which the state will take part in the withdrawal from the market of the systemically important bank “SENS BANK” JSC (hereinafter – the Bank) through the purchase of the bank’s shares by the Ministry of Finance of Ukraine.
The relevant decision was made on July 21 at a Government meeting and published on the Government Portal website.
Today, within the framework of the temporary administration, the Deposit Guarantee Fund of Individuals (hereinafter referred to as the Fund) carries out all the measures provided for by law with the aim of selling the Bank’s shares to the state in the person of the Ministry of Finance of Ukraine. The legislation sets aside a period of no more than two calendar days for this from the day following the day the Fund receives the decision of the Cabinet of Ministers of Ukraine on the state’s participation in withdrawing the Bank from the market.
More detailed information about the decision taken by the Government – with the link.
