The state decapitalized “PrivatBank” by 16 billion hryvnia

Until the end of 2017 the state decapitalised “PrivatBank” to 16 billion UAH. The funds will be deposited into the capital in the form of bonds of internal state loan.

About it reported in a press-service of “PrivatBank”, writes UNIAN.

Additional funds in the capital of the Bank will be introduced as part of the June decision of the Cabinet on recapitalization of financial institutions 38.5 billion, of which UAH 22.5 billion was made in July.

See also:

The NBU has liberated the schedule for the recapitalization of Ukrainian banks, but will hold their annual inspection

We will remind, “PrivatBank” works in the Ukrainian market since 1992 and is the largest Bank in terms of assets.

The Cabinet 18 December 2016 decided to nationalize the Bankin line with the recommendations of the Council of national security and defence, on the proposal of the NBU.

For the capitalization of “PrivatBank”, the government issued sovereign bonds for 117 billion, while securities 25.8 billion UAH, the national Bank bought in late December of 2016, more by 1.4 billion UAH in January of this year.

In June 2017, the Cabinet adopted a decision on recapitalization of the Bank by another 38.5 billion UAH, while in the first phase in the capital of the Bank was made sovereign bonds at UAH 22.5 billion.

Videogirl Kolomoisky commented on the decision of the court in London about the arrest of its assets

“The seizure of assets by the High court of England this is a temporary measure during the pendency of the case in court” – so Kolomoisky said the court decision. The corresponding decision the court took within a trial “PrivatBank” against their former owners Igor Kolomoisky and Gennady Bogolyubov.

TSN. 19:30

21 Dec, 20:36


  • capital
  • Privat
  • recapitalization

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