The number of banks with a “problem” status has reduced from five to three, Deputy Governor of the National Bank of Ukraine (NBU) Kateryna Rozhkova has stated. “Two out of five problem banks were transferred to the Deposit Guarantee Fund, namely Vector Bank and Diamantbank,” Rozhkova said. Currently, there are three problem banks in Ukraine’s…
Diamantbank (Kyiv) that was declared insolvent on April 25, reported that the bank saw profit in January-March after four quarters of seeing losses. According to a bank report, it saw UAH 1.7 million of net profit in January-March, while a year ago its net loss was UAH 287.404 million. Net interest income over the period…
PASHA Bank’s share in the Azerbaijani banking market in terms of volume of assets reached 10% as of late 2016, Taleh Kazimov, the bank’s CEO and chairman of Executive Board, declared. The bank’s share in terms of the volume of the loan portfolio reached 5.5%, he said on April 25. In 2016, PASHA Bank’s assets…
The National Bank of Ukraine (NBU) on April 24, recognized Diamantbank (Kyiv) insolvent, according to the central bank’s website. The NBU board made corresponding decision No. 264-RSh/BT as of April 1, the bank failed to achieve the minimum level of regulatory capital adequacy at a ratio of 5% established by the central bank. Following the…
The Privat Group, the former owner of which is businessman Ihor Kolomoisky, in a report on profit and losses and other revenue for 2016 admitted spending on reserves for depreciation of credits and advance payments to clients UAH 144.713 billion, according to a draft audit report of Ernst&Young (E&Y), posted by the creative producer of…
Citibank (Kyiv) has decided to send UAH 1.269 billion to pay dividends, the bank has said in a report. The decision was made by the bank’s shareholders at a general meeting on April 19. Dividends will be paid within six month from the moment of the decision-making. Dividends will be paid directly to shareholders. Citibank…
The European Bank for Reconstruction and Development (EBRD) intends to buy a stake in state-owned Oschadbank (Kyiv) in the amount of 10-25% depending on the price, and sell it in three or five years at one of the Ukrainian exchanges, EBRD Managing Director for Eastern Europe and the Caucasus Francis Malige has said. “We are…