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NBU decides to liquidate Energobank

By Interfax-Ukraine.
National Bank of Ukraine ex-governor Stepan Kubiv let the hryvnia freely float when he was appointed to the post more than three months ago, but he kept a measure in place to mandate foreign currency earners to convert half their revneue to hryvnias.
Photo by Ukrainian News

The National Bank of Ukraine (NBU) has decided to liquidate Energobank, the regulator said on its website.

“After reviewing the proposal of the fund [Individuals’ Deposit Guarantee Fund], the NBU board passed resolution No. 370 of June 11, 2015 on revoking the banking licenses of public joint-stock company Energobank and its liquidation,” reads the report.

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