The national Bank of Ukraine recognized the «daughter» VTB insolvent

© RIA Novosti / Stringreplace in photobacteria the National Bank of Ukraine in Kiev. Archival photoThe national Bank of Ukraine recognized the «daughter» VTB insolvent© RIA Novosti / Stringreplace the image Bank

The national Bank of Ukraine recognized the «daughter» of the Russian VTB insolvent, has informed on Tuesday a press-service of the regulator. Earlier, on 13 November, the NBU in connection with a «reduction in liquidity» related to the Ukrainian «daughter» VTB the category of problem.

«The Board of the National Bank of Ukraine adopted the decision on allocation of JSC «VTB Bank» in the category of insolvent to protect the interests of depositors and creditors of the Bank», — stated in the message.

The regulator noted that 97% of depositors of the Bank (59,108 thousand people) will receive contributions in full, as their size does not exceed guaranteed by the guarantee Fund of deposits of physical persons amount of 200 thousand hryvnia (about 7.1 thousand dollars). In General, the Fund will provide payment of the guaranteed amount to depositors in the amount 942,7 million (about 33.5 million).

According to Ukrainian legislation, the NBU has the right to enter in the insolvent Bank a temporary administration. The interim administration is used for temporary management of the Bank with the aim of preserving capital and assets of the Bank, the detailed assessment of the financial position and the adoption of measures to bring its activities into compliance with the requirements of the banking legislation, to restore its solvency and liquidity, stabilization of the Bank’s activities, the elimination of violations.

In September the Kyiv court of Appeals in the enforcement of the decision of arbitration court of the Hague arrested the shares of «dochek» Russian state banks — Sberbank, VTB and Vnesheconombank (he Ukraine belongs Prominvestbank). The Hague arbitration in the spring of 2018, supported the claim of the companies of the businessman Igor Kolomoisky, who demanded compensation for the loss of assets in Crimea. In the framework of implementation of this decision to the Kiev court on September 29 had issued writs of execution to recover from Russia about $ 140 million.

VTB on Tuesday said that the actions of Kolomoisky in respect of the subsidiary Bank VTB in Ukraine purposefully increase introduced in 2017 sanctions and are, in fact, the attempt of raider capture of the asset. The Russian Bank also believes that the Ukrainian courts undue delay complaints VTB for the arrest of assets and shares, their verdicts are nothing more than the legitimization of hostile takeover attempts. In addition, the Bank noted that the Bank reserves the right to recover through the courts with the President of Ukraine Petro Poroshenko, the amount spent on the purchase of the Bank on the basis of which VTB has built a Ukrainian «daughter».