The Verkhovna Rada of Ukraine has adopted as a Basis the Bill of the Law on Amendments to the Article 85 of the Law

The Verkhovna Rada of Ukraine has adopted as a Basis the Bill of the Law on Amendments to the Article 85 of the Law "On Banks and Banking Activity" (re the Provision of the Depositors' Rights in Commercial Banks)

Published on 10 June 2009, at 14:22

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The Bill (Reg.№4502) envisages the reduction from the 6 to 3 months the term of the moratorium for the agreement of claims of creditors during the temporary administration and prohibits the spreading of the moratorium on the claims of the natural persons concerning the disbursement according to the contracts on the deposits of the bank.

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