NBU: The state has nationalised SENS BANK
This step will help protect the interests of bank depositors and avoid threats to financial stability in Ukraine
SENS BANK has become state-owned, informs the National Bank of Ukraine.
The Ministry of Finance of Ukraine and the Deposit Guarantee Fund (DGF) have signed a contract for the sale of 100% shares of the systemically important JSC SENS BANK, according to which the bank is now state-owned, as stated in the NBU announcement.
This step will contribute to protecting the interests of the bank's depositors and avoid threats to financial stability in Ukraine.
The DGF has appointed new leaders of the bank. The respective candidates, nominated by the Ministry of Finance of Ukraine, have been approved for the positions by the National Bank of Ukraine.
Dmytro Kuzmin has been appointed as the Chairman of the Board of JSC SENS BANK.
It is noted that the new leadership will start executing their duties from the moment the DGF terminates the interim administration.
Read more about the future of SENS BANK in the Mind's article.
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