Arkada Bank
Industry | Financial services |
---|---|
Fate | Bank was declared insolvent in 2020 and its liquidation will be completed in 2023.[1] |
Headquarters | , |
Services | Banking |
Arkada Bank was a public joint stock bank based in Ukraine.[2] Its head office was situated in Kyiv.[3][4]
The bank was declared insolvent in 2020 and its liquidation will be completed in 2023.[1] A criminal case for the embezzlement of 9 billion Hryvnias of funds for financing the construction of Arkada Bank is ongoing.[1] More than 90% of the bank's depositors (more than 5,000 people) will be refunded their deposits in full.[1]
See also[]
References[]
- ^ a b c d (in Ukrainian) The Guarantee Fund will complete the liquidation of Arcade in 2023 , Ukrayinska Pravda (28 September 2020)
- ^ "The Banker Database - interactive banking reports & global finance rankings". www.thebankerdatabase.com. Retrieved 2018-09-19.
- ^ "Terms of Service Violation". www.bloomberg.com. Retrieved 2018-09-19.
- ^ The Development of Non-bank Financial Institutions in Ukraine: Policy Reform Strategy and Action Plan. World Bank Publications. 2006. ISBN 9780821366790.
External links[]
Categories:
- Defunct banks of Ukraine
- Banks disestablished in 2020
- 2020 disestablishments in Ukraine
- European bank stubs
- Ukrainian company stubs