The Individual Deposit Protection Fund will start from October 28-27, 2014 through Ukrinbank with the payment of compensations to the depositors of Terra Bank | KievPost | KievPost

Posted on October 27, 2014 at 2:54 pm

Payments will be processed by November 22nd, the period during which the temporary administration works at Terra Bank.

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The Individual Deposit Protection Fund started paying the insolvent Terra Bank’s depositors through the department chain of Ukrinbank (all based in Kiev) the guaranteed amount of compensation on October 28, according to a press release from Ukrinbank.

According to the report, the payments are to be processed by November 22nd – the period in which the temporary administration of the Terra Bank works.

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