The resolution option of selling 100% of the insolvent bank's shares to an investor provides that all existing licenses, permits and agreements of the insolvent bank remain in force.
Prior to the sale of the bank, the DGF must, in cases determined by law, take measures to reduce the bank's losses at the expense of funds placed in the bank by its shareholders, managers and other persons related to the bank.
The bank must continue to fulfill all its other obligations after the change of ownership. Persons interested in acquiring a bank have the right to submit a tender offer using this method only as a pre-qualified investor or bank.
The resolution option of selling 100% of the insolvent bank's shares to an investor provides that all existing licenses, permits and agreements of the insolvent bank remain in force.
If such an investor is successful in the tender, it must within 1 month ensure that all capital and liquidity ratios of the bank comply with the requirements of the law, i.e., that the financial condition of the bank is restored to normal. If the NBU inspection does not confirm this, the bank is immediately deprived of its license and the DGF begins its liquidation. If everything goes well, the bank resumes normal operations.