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Temporary administration was introduced at Forward Bank

Temporary administration was introduced at Forward Bank

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The Deposit Guarantee Fund began the procedure of withdrawing Forward Bank from the market by introducing a temporary administration in it for a period of one month from February 8, 2023 to March 7, 2023 (inclusive). This is stated in the message of the Foundation.

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Temporary administration

Pavelko Elena, the leading economist of the department of introduction of the temporary administration of the early response department of the remote and inspection monitoring of bank activity, has been appointed as the temporary administrator.

What about payments

The time and order of payments to the depositors of Forward Bank will be announced later, it will be possible to find out on the website of the Fund, the bank and its branches.

Let’s remind

On February 8, the National Bank declared Forward Bank, owned by Russian Rustam Tariko, insolvent.

Author: News feed editor Anna Nedogybchenko. She writes on the following topics: Finance, banks, economy, investments

Source: Ministry of Finance

Views: 11

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