Saturday, August 20, 2011

State Mortgage Institution plead with Nadra Bank for 1 billion hryvnia

During the crisis, the State Mortgage Institution issued to the bank "Nadra" about 700 million hryvnia credit. Now the agency is suing for the money and expects to receive them with interest and penalties until 2012. State Mortgage Institution predicts repayment within one of the largest bank "Nadra" debt to the establishment of a $ 1 billion hryvnia to 2012. Told reporters SMI chairman Viktor Mirgorodskii. "We plan this year (to resolve the issue with the return of funds), but the process is not very easy. The government supports us," - he said. According Mirgorodskogo, currently taking steps to collect this debt of $ 1 billion hryvnia in court. SMI chairman of the board clarified that the debt now Nadra Bank is the only bad debts of banks before the agency. Mirgorodskii recalled that the bank during the crisis was given a financial loan, which he has not returned. Recall the principal amount of Nadra Bank loan of 693 million hryvnia, the remaining funds - interest charges, penalties and fines. As of January 1, the bank's assets amounted to 22 907.7 million hryvnia, loans and advances to customers - 24 547.5 million hryvnia, equity - 479.4 million hryvnia. For 2010 net income financial institutions amounted to 4.740 million hryvnia. Shareholders PAO "Bank" Nadra ", owning more than 10% of the shares are the Cypriot company Novartik Trading Limited (60,99%), and Manmade Enterprises Limited (30,74%). SMI values ??its assets at 5.2 billion hryvnia. 2010 SMI year ended with a net profit of 2.63 million hryvnia, reducing net income by 24.08% or 62.276 million to 196.314 million hryvnia hryvnia, compared with 2009. The Government established the State Mortgage Institution in October 2004. As Materials: Ukrainian News

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