Former owners of PrivatBank (Kyiv) have not fulfilled liabilities before July 1, the National Bank of Ukraine (NBU) has said on its official Facebook page.
“The voluntary loan restructuring term for former owners of PrivatBank expired on July 1, 2017. Now we can say that the former owners failed to meet their liabilities,” the NBU said.
The NBU also said that the legal procedure for collecting loans of the former PrivatBank owners will be launched by the state and the bank.
As reported, Ukrainian Finance Minister Oleksandr Danylyuk was waiting for a report from Rothschild to assess steps of former owners of PrivatBank Ihor Kolomoisky and Hennadiy Boholiubov by July 1.
The Finance Ministry also published a letter dated Dec. 16 to the prime minister from Kolomoisky and Boholiubov asking to buy the bank’s shares and make a positive decision on the bank’s capitalization.
The Ukrainian government in December 2016 decided to nationalize Ukraine’s No. 1 bank, PrivatBank. It became wholly owned by the state. After the government became its owner, the Finance Ministry additionally injected Hr 116.8 billion into it.
In June Ukraine’s Cabinet of Ministers decided to additionally funnel Hr 38.565 billion into the bank after an audit report by an independent audit firm, Ernst & Young.
