NBU takes Regional Development Bank into receivership
25 March 2009
Yesterday the National Bank of Ukraine installed temporary one-year administration over Ukraine’s Regional Development Bank, Ukraine’s #83 largest bank by assets, with UAH 1.1 bln as of Jan. 1, 2009, according to NBU stats. In addition, the NBU instituted a six-month moratorium on claims to the bank from creditors (until Sept. 23, 2009).
