A former top Manager of “PrivatBank” explained why it is impossible to talk about the problematic financial institutions

A former top Manager of “PrivatBank” explained why it is impossible to talk about the problematic financial institutions

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He is convinced that in Natsbank was guided by subjective claims during decision-making regarding “PrivatBank”.

Former Deputy Chairman of PrivatBank Vladimir Yatsenko in conversation with TSN commented on criticisms about the problematic financial institutions.

About it reports TSN.

In his opinion, in fact, an entire division of the national Bank of Ukraine adopted a subjective decision based on communications from the Internet-editions, indirect evidence and linked these or other enterprises. They say that such factors were many, however, were made subjective conclusions.

“In fact, a large part of the business unprofitable or operating with zero profitability. Naturally, in this situation, to say that loans that are issued “PrivatBank”, can be after flick fingers repaid, perhaps, quite optimistic. Therefore, those bad loans that were not serviced in “PrivatBank”, have passed a special procedure, the Bank has set the mortgage assets on the balance sheet, in fact, large objects were transferred to the property of the Bank at 31 billion hryvnia.

The next step that was agreed with the IMF, provided for the securitization and, unfortunately, this second step was not completed.

If to speak about the “bottom line”, the structure of the credit portfolio granted to corporate clients – either the objects that have already been taken on the Bank’s balance sheet and transferred to financial leasing or loans that are serviced, according to him is the monthly payment of interest, and it is clear that any problem or “hole” cannot go and speeches” – said Yatsenko.

See also: All restrictions lifted in PrivatBank – the new head

In his opinion, approval of the head of the national Bank of Valeria Gontareva about the fact that the credit portfolio of “PrivatBank” 97% issued by related parties is a completely subjective opinion.

“This is a subjective statement not transformirovalsya in specific and objective idea which you can associate one or the other borrowers,” said Yatsenko.

See also: All restrictions lifted in PrivatBank – the new head

We will remind that earlier former Chairman of the Board of PrivatBank Alexander Dubilet in comments TSN explained how a “mythical black holes“referred to by the head of the NBU Valery Gontareva.

The head of the financial regulator claimed that the shortage of capital “PrivatBank” has increased to 148 billion, and liquidity of the Bank decreased. But Dubilet said that the financial institution is working fine, so far, the NBU did not stop to take account of collateral.

About any problems “PrivatBank” is out of the question – the former Deputy Chairman of the Board

Ukraine
Today, 18:16

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Former Deputy Chairman of PrivatBank Vladimir Yatsenko in conversation with TSN commented on criticisms about the problematic financial institutions.

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