NBU declared insolvent Bank «New»

The national Bank of Ukraine July 13, took PJSC «joint-stock commercial Bank «New» in the river insolvent, according to the website of the national Bank.

«The amount of regulatory capital of PJSC «JSCB «New» 12 July 2017 was less than one-third of the minimum level. Thus, in accordance with paragraph 2 of part 1 of article 76 of the law of Ukraine «On banks and banking activity» the national Bank shall decide about the Bank becoming insolvent», – stated in the message.

The NBU notes that 99% of all depositors of the Bank, 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 by the Fund. «The Fund will provide payment of the guaranteed amount of deposits in the amount of 36 million UAH», – said the NBU.

The regulator claims that as of June 8, 2017 the owner of a substantial participation in PJSC «JSCB «New» is the State space Agency of Ukraine, which owns 18.3% of the company’s shares.

On 29 June, the Bank announced the termination of banking activity preserving a legal entity. Meeting of shareholders adopted a corresponding decision on June 26.

NBU declared insolvent Bank «New» 14.07.2017

Июль 14th, 2017 by
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