The NBU cancelled the schedule of increase of share capital for banks

The national Bank of Ukraine has cancelled the schedule of capital increase for Ukrainian banks.

This is stated in the relevant resolution of the NBU.

«According to articles 7, 15, 55, 56 of the law of Ukraine on the National Bank of Ukraine, articles 31, 66 of the law of Ukraine «On banks and banking activities», with the purpose of systematization of normative legal acts of the National Bank of Ukraine the Board of the National Bank of Ukraine decides to declare invalid the resolution of Board of National Bank of Ukraine of 04 February 2016 № 58 «About increasing the capital of banks of Ukraine», — stated in the document.

In the repealed Ordinance contained the requirement for recapitalization of Ukrainian banks up to 300 million UAH as of January 11, 2017. In addition, it was assumed that the authorized capital is expected to grow to 400 million since January 11, 2018, to 450 million UAH — from January 11, 2019, up to 500 million hryvnias — from July 11, 2024.

We will remind, earlier it was reported that the Cabinet has altered the order of state participation in the capitalization of the insolvent Bank.




The NBU cancelled the schedule of increase of share capital for banks 12.01.2017

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Январь 12th, 2017 by
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