Monday, November 28, 2011

Ukrainians paid dearly for the game of bankers

Ukrainian taxpayers have paid too high a price for the recapitalization of troubled banks. This was stated by the head of the National Bank of Ukraine Poroshenko. "is the price that taxpayers paid for a Ukrainian relative stabilization of the banks that was excessive and unjustified. In the case of Nadra Bank to act so you can not "- said Poroshenko. In his view, the whole experience of state involvement in the recapitalization of banks was rather negative. However, the head of the NBU Council found that there were some good examples, in particular Prominvestbank, where the situation healthier advent of private ownership. Earlier, President Viktor Yanukovych instructed the Cabinet of Ministers of Ukraine and National Bank to start paying depositors Rodovid Bank. At the same time the National Bank extended the powers of the interim administration in Rodovid Bank until September 15, 2011. Recall that in 2009-2010 years as part of the recapitalization of banks under government control shifted UkrGasBank, Kyiv Bank and Rodovid Bank. This financial institution has been allocated about 17 billion USD. budget. It is worth noting that the critical situation in these banks has arisen in connection with the management policy, which took them to the owners and management. Following an international audit in September 2010 found that Ukrgasbank, Kyiv Bank and Rodovid Bank needs new capital injections to 12.5 billion USD. In addition, the problem of Nadra Bank claims to financial support from the States in the amount of 3.5 billion UAH. Source: Ministry of Industry

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