Three investors claim assets of insolvent RVS Bank: what is known
5 December 18:46
The Deposit Guarantee Fund has announced that three investors will compete for the assets of the insolvent RVS Bank, "Komersant Ukrainian" reports.
It was their proposals that passed to the next stage of selection, which should determine the most cost-effective way to withdraw the bank from the market.
What happened?
The deadline for submitting bids ended on December 2. Despite the initial interest of four potential investors, only three continued to participate in the tender and will now compete for the opportunity to buy out the assets of the troubled institution.
RBC Bank was declared insolvent by the National Bank of Ukraine on November 4. The very next day, the DGF introduced a temporary administration, which has now been extended until January 4, 2026, to ensure a thorough analysis of the proposals and avoid hasty decisions.
How the investor will be chosen
The Fund emphasizes that it does not determine the winner in the traditional sense, but chooses the “least costly” way to withdraw the bank from the market. It is a purely economic calculation – which option will cause minimal losses to both the fund and creditors.
According to Viktoriia Stepanets, Deputy Managing Director of the DGF, investors are evaluated by mathematical parameters, while the investors themselves primarily consider the quality of the bank’s assets.
Participants are offered several basic scenarios:
- liquidation with transfer of assets to the receiving bank;
- alienation of assets to another institution with subsequent liquidation;
- creation of a transitional bank and its sale to an investor;
- sale of an insolvent bank as a legal entity.
The determination of the investor has been postponed until December 8. The demonstrated interest of the market, together with sufficient time for analysis, gives the DGF the opportunity to choose the best scenario.
The decision will determine not only the fate of RVS Bank, but also the scale of future expenses of the Guarantee Fund and the level of repayment to creditors.
