The Cabinet changed the procedure of nationalization of banks in Ukraine
The Cabinet changed the procedure of nationalization of banks in Ukraine
Amended the resolution “On approval of the procedure for purchasing shares of banks in exchange for bonds of internal state loan”.
The Ukrainian government has changed the procedure of nationalization of banks.
The corresponding decree signed by Prime Minister Vladimir Groisman, was adopted on Friday, December 16.
Therefore, in order, approved by this decree in subparagraph 1 of paragraph 6 is excluded, the words and figure “and the authorized person of Fund of guaranteeing deposits of individuals are secured the reduction of the size of the share capital of an insolvent Bank up to 1 hryvnia”.
In addition, in the second paragraph of paragraph 8 was deleted, the words “regarding the additional placement of shares of the insolvent Bank.”
Public explains that now, in order, the state nationalized the Bank, the authorized person of Fund of guaranteeing deposits of natural persons do not have to erode the capital of the previous private shareholders to one hryvnia.