Bloomberg News

Ukraine Will Liquidate Lender Inprombank, Central Bank Says

March 02, 2012

Ukraine’s central bank will revoke the banking license held by PAT Innovatsiyno Promyslovyi Bank, or Inprombank, and begin liquidation proceedings.

The central bank appointed Oleksiy Halaburda, the head of the bank supervision department, as the liquidator of the institution, the regulator said in a statement on its website today.

Kiev-based central bank will replace the official liquidator of lender AKB Yevropeyskyi and appoint independent expert Vitaliy Kovalevskyi to replace Yuriy Stulkivskyi, the statement also said.

To contact the reporter on this story: Kateryna Choursina in Kiev at;

To contact the editor responsible for this story: Claudia Carpenter at;

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