January 01, 2026
PRESS RELEASE
The liquidation procedure will last for a period of three years, from 5 January 2025 to 4 January 2029 inclusive.
The Deposit Guarantee Fund (hereinafter referred to as the 'DGF') appointed Mr A. Karachentcev, Lead Bank Liquidation Specialist, Bank Liquidation Department, as an authorized officer for a period of three years, from 5 January 2025 to 4 January 2029 inclusive. The DGF also delegated to Mr. Karachentcev all the powers of the liquidator of JSC 'RwS BANK', as defined by the Law of Ukraine on the Household Deposit Guarantee Scheme (hereinafter referred to as the 'Law'), in particular Articles 37, 38, 47–52, 52¹, 53 of the Law. This includes the right to sign any agreements relating to the sale of the bank's assets, in the manner specified by the Law. However, Mr Karachentcev is not authorised to organise asset sales or file claims and lawsuits seeking damages specified in paragraphs 5 and 10 of Article 5.2 of the Law.
Details of JSC “RwS BANK”: bank code (MFO): 339072; legal entity identification code according to the Unified State Register of Legal Entities, Individual Entrepreneurs and Public Organisations of Ukraine: 39849797; address: 29/58 Vvedenska Street, Kyiv, 04071.
Information on the terms for accepting creditors’ claims will be announced separately on the DGF website and on Facebook. Creditors' claims will be satisfied at the expense of the funds received as a result of the liquidation procedure and sale of the bank's property (assets), in the order provided for in paragraph 1 of Article 52 of the Law.
The liquidation procedure is based on the following documents:
- National Bank of Ukraine Board Resolution No. 488-рш dated 30 December 2025 on Revocation of the Banking License and Liquidation of Joint Stock Company “RwS BANK”;
- DGF Executive Board Decision No. 1270 dated 31 December 2025 on Commencement of the Liquidation Procedure of JSC “RwS BANK” and Delegation of Powers of the Bank Liquidator.
According to the resolution plan for the insolvent JSC 'RwS BANK', the DGF established the PJSC 'BRIDGE BANK 'IUTE BANK' and transferred all liabilities under deposits of individuals (including sole traders) in JSC 'RwS BANK', as well as part of its assets. Therefore, PJSC 'BRIDGE BANK 'IUTE BANK' is the legal successor of JSC 'RwS BANK' with regard to the transferred liabilities, meaning depositors do not need to renegotiate or amend their agreements, which remain in force in accordance with their terms and conditions.
At the same time, depositors of JSC 'RwS BANK', whose liabilities were transferred to PJSC 'BRIDGE BANK 'IUTE BANK', may either remain clients of the latter or withdraw their funds.
Each debtor and/or creditor (depositor) may also receive information relating to them at the premises of the insolvent JSC 'RwS BANK' (6 Prorizna Street, Kyiv, 01001) and PJSC 'BRIDGE BANK 'IUTE BANK' (6 Prorizna Street, Kyiv, 01001). This information is also available at the premises of both banks (6 Prorizna St., Kyiv, 01001 and 29/58 Vvedenska St., Kyiv, 04071) or by telephone numbers (identification is required).
The ownership of PJSC 'BRIDGE BANK 'IUTE BANK' is currently with the DGF, but the sale of the bank to an investor is planned for the future.
You can get additional information via:
- Hotline of the DGF: 0 800 105 800 (free of charge for landlines and mobile phones within Ukraine); +38 (044) 333 36 55 (as per the rates of the operator);
- DGF Information and Consulting Center: +38 (044) 333 35 85 (as per the rates of the operator);
- JSC “RwS BANK”/ PJSC “BRIDGE BANK ”IUTE BANK": +38 (044) 590 00 00; 0 800 500 590.