The National Bank does not exclude the nationalization of PrivatBank in case of non-fulfilment plan of capital increase, NBU Deputy Governor Dmitry Sologub, Ukrainian News reports.
“We always claimed that if the bank does not fulfill the capital increase program or shareholders cannot fulfill it, there are two ways: for non-systemically important, it is insolvency, for systemically important - nationalization”, he said.
Currently, in Ukraine there are 3 systemically important banks: state “Oshchadbank” and “Ukreximbank” and private “PrivatBank”.
In August, PrivatBank decided to increase the authorized capital by 12%, or by UAH 2.583 bln to UAH 21.26 bln.
Sologub also quoted NBU Deputy Governor Ekaterina Rozhkova, who informed on Monday, October 21, that currently NBU conducts the verification program of capital increase.
As reported, previously in mass media there appeared information that soon the government will take the decision on PrivatBank nationalization.
In Privatbank, this information was denied, calling it fake. The bank finished 2015 FY with the net profit of UAH 216 mln, and, in the 1st half of year, the bank profit made up UAH 530.9 mln.
41.66% of PrivatBank shares belong to Igor Kolomoisky, 33.2525% - to Businessman Gennady Bogoliubov.
As per NBU data, as of July 1, in terms of assets, the bank ranked the first (UAH 268.9 bln) among 101 operating banks.
