The national Bank of Ukraine started to recover debts from ex-owners of PrivatBank

Moscow. July 3. INTERFAX.RU – Legal procedure of foreclosure on loans the ex-owners of PrivatBank (Kiev) will be launched by the state and the Bank, said in a statement on the official saytek National Bank of Ukraine (NBU).

According to the NBU, the term voluntary restructuring of the credit of the former owners of PrivatBank ended 1 July 2017, but they have not fulfilled obligations

“So now the state, and PJSC “PrivatBank” transferred to the legal foreclosure process and implement an appropriate legal strategy, specific steps which can’t be disclosed”, – stated in the message.

Bank the procedure is similar to the normal procedure of foreclosure in case of default of debt, so we are talking more about enforcement proceedings.

Finance Minister Alexander danyluk expected before July 1, report Rothschild to assess the actions of the former shareholders of PrivatBank Igor Kolomoisky and Gennady Bogolyubov.

The Ukrainian Ministry of Finance also issued a letter dated December 16, 2016 Prime Minister Kolomoisky and Bogolyubov with a request to purchase shares of the Bank and to take a positive decision on its further capitalization.

In December 2016 the government on the proposal of the national Bank and the shareholders of PrivatBank, the largest of which at that time was Kolomoisky and Bogolyubov, decided on the nationalization of the largest in the Ukrainian market of financial institutions. The state received 100% of its capital Privat capital was increased by the amount of 116.8 billion.

In June 2017, the Cabinet based on the findings of the independent auditor Ernst&Young decided to capitalize PrivatBank another 38,565 billion UAH for the implementation of financial institution prudential standards.