NBU has expanded blacklist of insolvent banks another

The NBU has carried commercial Bank “New” to the insolvent. This decision took control yesterday, July 13.

We will remind, shareholders of PJSC “JSCB “New” have made the decision on the termination of banking activities and provided the appropriate plan of the NBU. However, the amount of regulatory capital of the “New” 12 July 2017 was less than one-third of the minimum level. Therefore, the national Bank has recognized insolvent financial institution.

99% of all depositors in the “New” (about 3 thousand people) 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 UAH. Customers with large volumes of deposits will get them within the amount guaranteed DGF. Overall, I have to pay about 36 million UAH.

The largest shareholder of “New” is the SE “southern Design office to them. M. K. Yangelya” – 18,3297%, seven individuals directly or indirectly own packages for 9.88-9,99%. In the first quarter of 2017, the net loss of the Bank made up 11.82 million. “New”, according to the NBU, as at 1 April this year, was on 58 place by assets among the 90 banks that remained at that time to work in Ukraine. Its assets amounted to 770,59 million UAH, authorized capital – UAH 150 mln, own capital – UAH 36.7 million.

Note that prior to 11 July 2017, all Ukrainian banks were required to increase their minimum capital up to UAH 200 million. Those financial institutions that did not comply with the requirements of the regulator, waiting for the status of the insolvent, and then – elimination.

Earlier it was reported that NBU offers to get rid of the state monopoly in the banking market, which has reached 55%.