National Bank extended the period for a temporary administration in Rodovid Bank

National Bank of Ukraine (NBU) in its ruling of 02.09.2010 N409 extended the interim administration in the public joint stock company Rodovid Bank for three months from 16/09/2010 to 12/15/2010.
From Friday, September 3, 2010 the powers of temporary administrator of the bank NI Onishchenko were terminated, a temporary administrator of physical persons was appointed – the independent expert Raytburg Youri.
In order to stabilize the work of March 16, 2009 in the bank of the National Bank introduced interim administration, as well as a moratorium on satisfaction of creditors’ claims for six months.
Decision on strategic partnership between the state and the bank (entry into the capital and the transfer to state ownership of 50% +1 share) was taken at the earlier meeting of shareholders Rodovid Bank February 26, 2009.
Source: BIZliga