Monday, March 23, 2015

Three Ukrainan Banks Went Belly-Up in One Day!

This is what the US instigated turmoil has brought.

Three Ukrainian banks have been closed by the National Bank of Ukraine because of insufficient equity. On Friday March 20, the VAB-Bank, the Astrabank and the City Commerce Bank were declared insolvent and had to close. Earlier this year, the Delta Bank, the Kreditprombank and the Omega Bank, also had to close due to financial problems.

(Source: Deutsche Wirtschaftsnachrichten via LiveLeak.com)

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