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Bankers Require to Develop Program for Payments to Depositors

Friday, 12 August 2016 17:57

15 thousand depositors cannot obtain their deposits, the Bank Protection Association notes.

In Ukraine more than 15 thousand depositors cannot obtain their money, which the Deposit Insurance Fund should pay. As a result the bankers request to develop a real program of payments as soon as possible, President of the Bank Protection Association Ekaterina Nazymko told to Vesti radio.

“The Fund repeatedly stated about the deficit of funds for fulfillment of its obligations to the clients of banks, which NBU constantly declares insolvent. However, currently the National Bank ignores the Fund’s addresses on formation of the reserve of funds for payment to depositors and deliberately stops the processes of sale of properties of banks, which are declared insolvent. Today, more than 15 thousand depositors cannot obtain funds due to the actions of the regulator. We insist that the officials need to develop the program of payments to depositors and fulfill our obligations to them as soon as possible”, Nazymko said.

Except for depositors, who suffered from declaring 80 banks insolvent, there is a huge part of business, the funds of which were frozen in liquidated banks and these are more than 400 bln dollars according to expert estimates. According to Ekaterina Nazymko these are those funds, which could support Ukraine’s economy, but were lost due to NBU policy.

Commenting the purposes of creation of the Bank Protection Association, Nazymko noted that without systemic changes and under the conditions of permanent strengthening of the regulator’s pressure currently it constantly becomes more difficult for the banks to conduct their activities, that’s why today all banking community should unite around the idea of qualitative transformation of the situation in the banking sector.

Source: Correspondent.net.

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