The National Bank of Ukraine has accepted a proposal of the Individuals Deposit Guarantee Fund to annul the banking license of Platinum Bank (Kyiv) and liquidate it.

According to a report of the central bank, decision No. 95-rsh was made on February 23.

As reported, the NBU decided to declare Platinum Bank insolvent due to the fact that as of January 1, 2017 the bank had not reached the positive value of capital.

As of January 10, 2017, the holders of large stakes in the banks were Borys Kaufman and Israeli citizen Gregory Gurtovoy.

The NBU said that 97% (197,000 people) of all the depositors of the Platinum Bank will get back their deposits in full, because their volume doesn't exceed UAH 200,000 – the maximum amount of individual deposits guaranteed by the Individual Deposit Guarantee Fund. All in all, the fund will ensure payments of guaranteed amount of deposits to the tune of UAH 4.8 billion.