An insolvent bank is one the NBU has declared unable to meet its obligations; the Deposit Guarantee Fund takes it off the market and pays depositors.
An insolvent bank is a bank that the National Bank of Ukraine has declared unable to meet its obligations, for example because of a capital or liquidity shortfall or delays in payments to clients. After such a decision, the Deposit Guarantee Fund introduces a temporary administration at the bank, that is, it begins taking the bank off the market.
From the first day of temporary administration the bank carries out no client transactions, and interest on deposits stops accruing. The Fund looks for an investor or another bank to take over the assets and deposits, and within 20 working days at the latest it starts paying depositors the guaranteed amounts. During martial law and for 3 months after it, deposits are compensated in full; after that, up to UAH 600,000 per person at one bank.
If the bank cannot be rescued, the NBU revokes its licence and the Fund liquidates it: it sells the bank's assets and settles with creditors, including depositors for any amount above the guarantee.
In detail, with examples: Ukraine's Deposit Guarantee Fund: what happens to your deposit if a bank fails
Deposit Guarantee Fund Deposit
Checked against official sources on October 28, 2026. When a figure changes, it is updated on every page of the site.
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What the Fund covers and what it does not, how currency deposits are compensated, what happens in the first weeks after a bank fails, how to get paid via Diia and how to split large sums.