Troubled Radical Bank is set to be acquired

bankProblem Radical Bank They are planning to acquire it. This information was released by Andrey Kiyak, Deputy Managing Director of the Deposit Guarantee Fund, at a briefing.

 

Kiyak noted that the investor intends to purchase the bank as a whole, but a final offer has not yet been made.

 

As a representative of the Fund noted, the financial institution arrived in fairly good condition, and it may be possible to pay off depositors using funds from Radical Bank.

 

As a reminder, the Deposit Guarantee Fund appointed a temporary administration at Radical Bank on July 9, 2015. This financial institution is embroiled in a scandal: Interior Ministry officers raided the bank and seized documents as part of a criminal investigation against the bank's shareholder, Andrey Pasichnik, and five other corporate shareholders.

 

SKELET-info

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