HomeMarketsUkraine introduced 100% deposit...

Ukraine introduced 100% deposit guarantees for the war period

Photo: Athletistic

The maximum amount of compensation on deposits will be tripled and will be UAH 600 thousand.

President Volodymyr Zelensky signed law No. 2180-XI statewide guarantee of deposits of individuals for the period of martial law and three months after its completion. This was announced on Tuesday, April 12, by the head of the committee of the Verkhovna Rada Daniil Getmantsev.

The law also established that the maximum amount of compensation on deposits will be UAH 600 thousand compared to UAH 200 thousand at present.

Also, the state-owned Oschadbank, which is now the only one with a 100% deposit guarantee, will be included in the overall deposit guarantee system. Holders of deposits in Oschadbank for more than 12 months after the entry into force of the law are entitled to receive them ahead of schedule.

At the same time, deposit investments and bank savings certificates are not deposits.

In addition, the law cancels the Deposit Guarantee Fund’s obligations for individuals on promissory notes it issued in 2015-2016 to the Ministry of Finance. In September 2021, the balance was UAH 45.7 billion in the amount of promissory notes and more than UAH 62.5 billion interest, which should accrue until 2031.

The law also requires the Accounts Chamber to immediately audit the work of the DGF in 2016-2019.

The Verkhovna Rada adopted a law on a 100% guarantee on bank deposits on April 1.

News from Athletistic in the Telegram. Subscribe to our channel Athletistic

Source: korrespondent

- A word from our sponsors -

Most Popular


Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

Some questions about the Chinese spy balloon still in the air

WASHINGTON (AP) -- What the hell was that thing? The giant white globe that soared over US airspace this week and was shot down by the Air Force across the Atlantic on live television on Saturday set off a diplomatic whirlwind and erupted on social media. China insists the...

The Chinese spy balloon is revealed to be Bowen Yang with “SNL” attitude.

Just hours after the US military shot down a Chinese spy balloon off the coast of Carolina, "Saturday Night Live" was already airing a fake MSNBC interview with the still-bombed remains floating in the Atlantic, played by Bowen Yang in the chariots. "I entertain you guys for four...

EU countries will not send their troops to Ukraine.

Troops from the countries of the European Union will not be sent to Ukraine. Moreover, the issue of sending European troops to Ukraine to participate in hostilities has never been on the agenda. The EU countries are not...

5 debunked theories about Disney princess movies

The Little Mermaid, Beauty and the Beast, Frozen and more: discover the truth behind some theories about Disney princessesIf there's something that Disney fans like, it's creating theories about their favorite animations, linking the stories produced by the studio created by walt disney. Although many make...

See how to take care of pets when traveling on vacation

Experts explain what should or should not be done to ensure the comfort and well-being of petsWhether on summer or winter vacations, many people choose to take advantage of the well-deserved rest on the road. However, those who are pet tutors, first of all, need to...