Not all financial institutions managed in compliance with the requirements on capital increase.
Requirements for capital increase to 200 million UAH violate six banks. This was announced by Deputy Chairman of the National Bank of Ukraine (NBU) Ekaterina Rozhkova.
According to her, the diagnosis was carried out in 37 small and small banks. At the time of diagnosis two of the Bank was declared insolvent, one ceased operations.
“34 the Bank has completed the diagnosis, of which only four required capitalization based on the quality of assets. But if we talk about the requirement of bringing the authorized capital to 200 million UAH, that six banks today have not implemented it,” – said Rozhkov.
Recall, according to the current rules, the minimum registered capital of 200 million UAH banks had to have to 11 July 2017, and raise it to 300 million UAH by 11 July 2018. However, the NBU may change the schedule of capitalization. New offer now negotiate with the IMF.
As you know, according to the NBU requirements banks that did not meet the conditions of capitalization, are recognized as problematic and will be forced to either leave the market or merge with other financial institutions. The national Bank believe that the state banks of Ukraine did not need recapitalization. According to Rozhkova, these financial institutions should organize high-quality corporate governance and work with troubled debtors.
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