2016-12-21T12:31+02:00
12:31
21.12.2016
Kyiv’s court of appeals has satisfied a counterclaim of the National Bank of Ukraine (NBU) against a ruling of the court of a lower instance that declared invalid the regulator’s resolution placing bank Financial Initiative to the list of insolvent banks, the regulator has reported on its website.
NBU Governor Valeriya Gontareva presented the interests of the NBU in court. She informed the judges that the bank lost liquidity and equity capital. The bank violated Ukrainian law related to cash turnover and did not impleme…
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