Kominvestbank was declared insolvent – what will happen to the deposits – Money

What is known about the fate of citizens' deposits.

“Cominvestbank” is classified as insolvent. This decision was made by the National Bank of Ukraine on December 5.

This was reported in the press service of the NBU.

It is known that the share of JSC “Commercial Investment Bank” (Cominvestbank) in the market as of November 1, 2024 was only 0.04% of all assets of solvent banks, therefore this decision will not affect the stability of the country's banking sector.

The decision on the bank's insolvency was made based on several factors:

• non-compliance by the bank with the requirements of the legislation and normative legal acts of the NBU;
• continuation of risky activities after the bank was classified as problematic in August 2024;
• systematic submission of false information and reporting to hide the real financial situation;
• management inaction…