Finbank (Odesa) with largest shareholder businessman Oleksandr Hranovsky (79.6573%) could be liquidated under an initiative of the bank's owners. The issue has been put on the agenda of the general meeting of shareholders scheduled for February 1, 2017.

"To liquidate Finbank under an initiative of shareholders… due to the hard situation on the financial and banking service markets and vagueness about possible directions and sources of further capitalization of Finbank as a bank institution," the draft decision of the shareholders said.

Finbank was registered in 1993.

According to the National Bank of Ukraine (NBU), Oleksandr Hranovsky held 79.6573% of the shares, Oleksandr Mamontenko and Serhiy Barkov had 9.9571% of the bank's shares each as of January 1, 2017.

In October 2014, Borys Kaufman signed an agreement to transfer control over almost 80% of the shares in Finbank to minority shareholder in the bank Hranovsky.

The bank ranked 63rd among 100 operating banks as of October 1, 2016, in terms of total assets worth UAH 672.983 million, according to the NBU.