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2008

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PRAVEX-BANK will perform compensation payments for liquidated banks depositors

April 08, 2008 Association Agreement was signed between PRAVEX-BANK and Fund of deposits guaranteeing of individuals, according to which PRAVEX-BANK will perform compensation payments to depositors of liquidated banks, namely to clients of JSCB "Premier Bank", PC JSCB "Garant", JSCB "Intercontinentbank", PC "Kyiv Universal Bank" and PC "European Bank of development and savings".

"Cooperation with Fund of Guaranteeing was always one of the priority direction of PRAVEX-BANK activity, ‏— that is confirmed by reiterated participation in Fund's projects. Thus, in 2006 PRAVEX-BANK is already Fund's agent on compensation payments to liquidated banks depositors, and in 2008 kept joint work under mutually beneficial conditions", ‏— comments by Svitlana KRAMAROVA, Head of deposit operations department of PRAVEX-BANK.

PRAVEX-BANK is permanent participant of Fund of individuals' deposits guaranteeing since 1999, as exclusively stable and reliable partner.

We would like to remind that since September 11, 2007 maximum amount of indemnification being compensated by Guaranteeing Fund, constitutes UAH 50 000 for each client of liquidated bank, including interests accrued on deposits.

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News thrue april
2008

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