The National Bank for the first time during the war declared the bank insolvent

03 June 2022, 16:03 | Economy
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For the first time since Russia's war against Ukraine, the National Bank classified the bank as insolvent. We are talking about Megabank (Kharkiv), the NBU said in a statement..

It should be noted that 60.74% of the authorized capital of the bank belongs to Viktor Subbotin, General Director of OJSC Turboatom. The NBU notes that the financial problems of the bank were not caused by the war, they began long before it began and were provoked by systemic lending to persons associated with the bank.

The possible amount of payments of the guaranteed amount to bank depositors is UAH 4.4 billion.

" This is the first time that a bank has been classified as insolvent during the war,” Viktor Subbotin commented on the decision of the NBU..

At the same time, Subbotin called on people's deputies to evaluate the actions of the National Bank in general and, in particular, the decision to recognize Megabank as insolvent..

According to the NBU, as of March 1, 2022, in terms of assets, Megabank ranked 24th (UAH 11.193 billion) among 69 banks operating in the country.



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Earlier it was reported that on June 2, the Board of the National Bank decided to raise the discount rate to 25%. ZN. UA appreciated the decision of the NBU: \? No, this is rather a positive signal for other players that it will not grow further, and you can focus on this level. This approach is more transparent than slowly raising half a percentage point weekly.. Moreover, along with the destruction in the real sector, the financial mechanisms in the economy were also destroyed, "




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