Ukrinbank (Kyiv) has said that a campaign to discredit the financial institution organized by the former board chairman of the bank Serhiy Mescheriak is being held, the bank said on its website.
Mescheriak was put on a wanted list by the Prosecutor General's Office for embezzlement of UAH 5.6 million.
"Despite the fact that in 2010 Mescheriak was dismissed from the post of board chairman for the embezzlement of the bank's funds, the former top manager did not abandon plans to return control over the financial institution and continues information attacks. Mescheriak staying in Russia finances the preparation and spreading of false materials in online media to discredit the bank… Absurd accusations of non-fulfilling interbank agreements, involvement in transactions on the shadow currency market and financing terrorists are used," reads the report.
The bank said that at present there are no grounds to doubt financial stability of the bank: in Q1 2015 its profit totaled UAH 91.443 million, its charter capital rose by 24.7%, to UAH 505 million and adequacy of the regulatory capital was 17.84% as of April 1, 2015 with the requirement of at least 10%, and current liquidity is 63.79% with the requirement of at least 40%.
Ukrinbank is ready to protect its business reputation in court if the active campaign on discrediting the bank in media continues.
Ukrinbank was founded in 1989.
Ukrinbank ranked 31st among 158 operating banks in the country on January 1, 2015 by total assets (UAH 7.049 billion), according to the National Bank of Ukraine.
