NBU recognized Bank “trust” insolvent
NBU recognized Bank “trust” insolvent
The Bank “Trust”
One of the owners is a citizen of the Russian Federation.
The Board of the National Bank of Ukraine has made the Bank “trust” in the category of the insolvent.
About it reports a press-service of the financial regulator.
The decision was made yesterday, 6 December. The NBU explained that a significant amount of loans the Bank “trust” is provided in the area of the antiterrorist operation.
See also: the national Bank allowed to self-destruct Fineksbank
“The deterioration in the financial condition of JSC “Bank trust” was systemic and caused by a number of factors. In particular, a significant amount of loans the Bank loan in the territories, which now is ATO. Due to the lack of servicing of such loans, the Bank’s financial position has deteriorated significantly. Capital Bank acquired a negative value (01.12.2016 – minus 135 million UAH). This, in turn, resulted in violation of economic norms”, – stated in the message.
Also the national Bank noted that the developed PJSC “Bank trust” program of capitalization did not contain confirmation of the possibility of implementation of planned measures to improve the financial condition of the Bank within the established deadlines. Absent a letter of guarantee from shareholders concerning ensuring of capitalization.
Shareholder of the Bank negotiating Bank’s ability, however, the package of documents for approval of acquisition of substantial shareholding in PJSC “Bank trust” the National Bank has not been received.
From July 2, 2016 “trust” had restrictions on attraction of deposits of individuals. Despite the prohibition of the NBU, in November, the Bank resumes raising deposits at high interest rates.
“Thus, and in accordance with paragraph 6 of article 76 of the Law of Ukraine “On banks and banking activity” the national Bank shall decide on the attribution of PJSC “Bank trust” insolvent in case of default by the Bank, classified as problematic, the order, the decision of the National Bank of Ukraine (including about the use of interventions/sanctions) and/or the requirements of the National Bank of Ukraine concerning elimination of violations of banking legislation, regulatory legal acts of the regulator within a specific National Bank of Ukraine period”, – stated in the text.
See also: NBU reported about the bankruptcy of the next Bank
The NBU reported that 96% of depositors of PJSC “Bank trust” will receive their deposits in full, as their size does not exceed guaranteed by the guarantee Fund of individuals ‘ deposits the amount of 200 thousand hryvnias. Customers with large volumes of deposits will be paid up to the amount guaranteed by the Fund. Total guaranteed amount of reimbursement is 552 million UAH.
According to the national Bank, the owners of substantial participation in the Bank is a Ukrainian businessman Vladimir Avramenko (78.9%) and the citizen of Russia Sergey Belyaev (16.1%). At the same time, by mid-2015, the Bank’s shareholders were citizens of the Russian Federation Ilya Yurov, Nikolay Fetisov and Sergey Belyaev.