The guarantee fund replaced the liquidator of Ibox Bank
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The guarantee fund replaced the authorized person for the liquidation of PJSC “Ibox Bank”. Corresponding decision No. 531 was adopted by the Executive Directorate of the Deposit Guarantee Fund of Individuals on May 4.
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Who was appointed?
Vitaliy Palamarchuk, a leading professional in asset management and liquidation of the bank liquidation organization department of the bank liquidation department, became the authorized person of the Fund for the liquidation of Ibox Bank on May 5.
From March 8, 2023, the liquidation of Ibox Bank was carried out by Andrey Fedorchenko, whose powers were granted for three years – until March 7, 2026.
Read: Why was Ibox Bank closed and what should depositors and senders of transfers do
Let’s remind
The board of the National Bank of Ukraine decided to revoke the banking license of Ibox Bank and liquidate it from March 7, 2023.
Source: Ministry of Finance
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