NBU liquidated “platinum Bank”

Yesterday, February 23, the national Bank of Ukraine revoked the license and eliminated PJSC “platinum Bank”.

Before that, the proposal to the regulator appealed the guarantee Fund of individuals ‘ deposits, which stated that the “resuscitation” of financial institutions has not helped.

“Platinum Bank” was declared insolvent on 10 January 2017 due to lack of capital. National Bank says that 97% of all depositors will receive their deposits in full, as their size does not exceed the guaranteed fgvfl $ 200 thousand UAH.

“Payment of the guaranteed amount of compensation during the liquidation period will begin no later than March 1, 2017. They will be carried out in accordance with the law, that is, regardless of the date of expiry of the Deposit agreement. About the payment procedure will be announced later”, – reported earlier the DGF.

Before that, the Fund has exposed on sale “Platinum Bank”, but a buyer was not found on him.

Note that as of 11 January 2017 on the balance sheet of financial institutions was of 7.43 billion. The lion’s share of the assets accounted for loans to legal entities carrying value of UAH 2.8 bn, loans to individuals by 3.02 billion. Liabilities – deposits of physical persons in UAH 5.4 billion, including a guarantee of the Fund was 4.9 billion UAH.

Recall that depositors of the bankrupt banks will return the money under the new rules.