Thursday, December 22, 2016

All of the shares of “PrivatBank” Ukrainian state sold for 1 hryvnia Вести.Ru

“PrivatBank” officially became the property of the Ukrainian state. The Finance Ministry and the Deposit guarantee Fund of natural persons signed a contract for the sale of the shares: one hundred percent of them now belong to the Ministry of Finance of Ukraine. The price at which the Fund sold the shares to the state amounted to one hryvnia, as the capital of “PrivatBank” has acquired a negative value.

Ukraine has acquired the right of ownership of shares of “PrivatBank” two days after the beginning of procedure of a conclusion of Bank from the market. Obligations to customers of the Bank will be maintained and implemented, reports TASS. Maintained currency deposits and other terms and conditions of contracts.

on 18 December on the website of the Cabinet of Ministers of Ukraine has reported that “PrivatBank” can be nationalized. On the Internet page of the Ministry stated the reason: “the stability of the financial system.” Six months ago, “PrivatBank”, the largest shareholders of which was Igor Kolomoisky and Gennady Bogolyubov, was in first place among other banks. Its assets exceed $ 10 billion.

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