Raiffeisen Bank Aval sues the National Bank Of Ukraine
The Kyiv District Administrative Court opened proceedings on the lawsuit filed by Raiffeisen Bank Aval against the National Bank of Ukraine (NBU) regarding the unlawful cancellation of the 4.9 million UAH ($190,810.00) fine imposed on them, as stated in Decree No. 826/9684/17 dated August 4th, FinClub reports.
“Bank Aval PJSC appealed to the Kyiv District Administrative Court with an administrative claim against the National Bank of Ukraine to recognize the unlawful cancellation of the decision dated June 30, 2017, No. 220 regarding the imposition of a fine in the amount of 4,923,613,01 UAH ($190,810.00) and the obligation to perform certain actions,” …read more