Russian-owned Forward Bank declared insolvent by NBU
8 February 2023, 04:57 PM The National Bank of Ukraine (NBU) declared JSC Forward Bank, owned by Russian citizen Rustam Tariko, to be insolvent, the central bank reported on Feb. 8. The NBU took this decision due to the irreversible deterioration of the bank’s financial condition. The bank has been considered problematic since Nov. 24,…