The National Bank of Ukraine, guided by the requirements of Article 15 of the Law of Ukraine “On the National Bank of Ukraine”, Article 77 of the Law of Ukraine “On Banks and Banking Activities”, Article 44 of the Law of Ukraine “On the Deposit Guarantee System of Individuals”, taking into account the proposal of the Deposit Guarantee Fund of Individuals , decided decision of March 7, 2023 No. 90-rsh on the revocation of the banking license and liquidation of JSC “BANK FORWARD” from March 8, 2023.
We will remind, on February 7, 2023, the Board of the National Bank of Ukraine made a decision classify JSC “BANK FORWARD” as insolvent due to the failure of JSC “BANK FORWARD” to comply with the requirements of Ukrainian legislation, including regulations of the National Bank, after classifying it as problematic.
