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Fortuna Bank was declared insolvent

Фортуна банк признали неплатежеспособнымBy January 1, and failed to provide a positive value of capital.

The Board of the national Bank decided to include Fortuna Bank insolvent.

In accordance with the requirements of article 76 of the law of Ukraine On banks and banking activities of 26 January 2017 was agreed upon.

After the diagnostic test in the first half of 2016, the national Bank has approved the necessary amount of recapitalization of the Bank of Fortuna.

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According to the diagnostic survey, all banks of the second twenty by assets that were in need of recapitalisation, was to provide a positive value in the regulatory capital as at 01 January 2017.

“Fortuna-Bank has filed to the national Bank’s restructuring plan, which included the implementation of several activities aimed at capitalization of the Bank. For 2016, the government took measures to meet the requirements for capitalization. In particular, through the repayment of loans to the borrowers related entities, funds subordinated debt in core capital Bank, – stated in the message.

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However, these measures have not yielded the desired effect. By January 1, and failed to provide a positive value of capital.

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