| Arkada Bank | |
| Industry: | Financial services |
| Fate: | Bank was declared insolvent in 2020 and its liquidation will be completed in 2023. |
| Predecessors: | --> |
| Successors: | --> |
| Founders: | --> |
| Location City: | Kyiv |
| Location Country: | Ukraine |
| Services: | Banking |
| Owners: | --> |
Arkada Bank was a public joint stock bank based in Ukraine.[1] Its head office was situated in Kyiv.[2] [3]
The bank was declared insolvent in 2020 and its liquidation will be completed in 2023.[4] A criminal case for the embezzlement of ₴9 billion of funds for financing the construction of Arkada Bank is ongoing.[4] More than 90% of the bank's depositors (more than 5,000 people) will be refunded their deposits in full.[4]