Rodovid Bank to be nationalized in early July
24 June 2009
The Ukrainian government plans to nationalize Rodovid Bank (RODB) in the first ten days of July 2009, Interfax reported, citing Deputy Finance Minister Andriy Kravets. The Cabinet of Ministers, on June 10, approved directing UAH 2.809 bln to increase the bank’s charter fund, in exchange for a 99.97% in the bank.
