Financial sector news

This was reported by the press service of the Deposit Guarantee Fund. Payments of guaranteed amounts to bank customers began on November 24, 2025. Guaranteed compensation is provided under bank deposit agreements that expired by the end of November 4, the day preceding the date of the bank's withdrawal from the market, under bank account agreements. The total guaranteed amount of compensation at JSC “RVS Bank” is UAH 293.9 million.

“The Fund has sufficient financial resources to reimburse all bank depositors in full,” assured Roman Koziy, Deputy Director-Administrator of the Fund. “The deposit guarantee system is one of the most successful insurance mechanisms in the country, designed to protect Ukrainians' money in banks.”

He also reminded that compensation payments can be received in one of the ways chosen by the bank's client: using the Diya mobile app in a few clicks via the “Deposit Refund” option, using the online services of agent banks, or in person at a branch of one of the banks cooperating with the Fund. “Everyone who applies to us for money will receive it. The Fund has achieved a compensation rate of over 96%,” said the deputy director-administrator of the Fund.

The Fund has now completed an open competition to attract an investor to withdraw JSC “RVS BANK” from the market, which the National Bank declared insolvent on November 4, 2025. After signing an agreement with the winner of the competition, customers whose contracts expire after the start of the bank's withdrawal from the market will be able to be served by another operating bank with all the conditions that were in effect before the bank was declared insolvent.

On December 9, the Deposit Guarantee Fund selected an investor to withdraw the insolvent JSC RVS Bank from the market. During the open tender, three proposals were received from banks and potential investors, among which the one that met the principle of lowest cost was selected. According to the Ukrainian edition of Forbes, the contenders for the purchase of RVS Bank included two Ukrainian banks, Asvio Bank and Tascombank, as well as the Estonian fintech company Iute.

The Deposit Guarantee Fund will publish information about the winner of the tender on its official resources no later than five working days after signing the agreement with them.