Shlapak promised to return to the state all the money spent on the recovery of “PrivatBank”

Shlapak promised to return to the state all the money spent on the recovery of “PrivatBank”

© UNIAN

The new head of the Bank explained exactly how the money will be returned.

“PrivatBank” will return all funds that were allocated by the state for his salvation.

This was announced by the Chairman of the Board of “PrivatBank” Oleksandr Shlapak, during his first press conference.

“We will definitely be back or just a way of development of the Bank, or when we reach full scale, the state will participate in the sale of the Bank. I am convinced that under any circumstances the government will return the money it has invested in this Bank”, – said the banker.

We will remind, on the nationalization of “PrivatBank” became known late on Sunday evening, December 18. Wednesday, December 21, the financial institution officially became a state property. The Ministry of Finance bought “PrivatBank” Deposit guarantee Fund of natural persons for a symbolic one hryvnia.

The transition period lasted for 72 hours. Monday, December 19, the head of the NBU Valeria Gontareva said that “Privat” is classified as insolvent. According to her, the Bank’s capital deficit was 116 billion UAH, and 97% of the corporate loan portfolio was distributed to companies related to shareholders. This “hole”, the state plans to close the bond issue Treasury bonds. The first tranche of securities of 43 billion UAH will be released before the end of the year.

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