14:30 27.01.2016

Govt to additionally capitalize Oschadbank by almost UAH 5 bln, Ukreximbank UAH 10 bln

1 min read
Govt to additionally capitalize Oschadbank by almost UAH 5 bln, Ukreximbank UAH 10 bln

The Cabinet of Ministers of Ukraine has decided to additionally capitalize two state-owned banks – Ukreximbank by almost UAH 10 billion and Oschadbank by almost UAH 5 billion, Ukrainian Prime Minister Arseniy Yatseniuk said at a cabinet meeting on Wednesday.

"The government additionally sends almost UAH 10 billion to the charter capital of Ukreximbank and almost UAH 5 billion to the charter capital of Oschadbank," he said.

The prime minister said that this would support stability of the two key state-owned banks, provide for crediting and development of the Ukrainian economy.

As reported, banks are to be additionally capitalized after stress tests conducted in 2015. According to a draft memorandum as of late November 2015 after conducting stress tests of 18 out of 20 largest banks the total need in their additional capitalization was UAH 156 billion.

Загрузка...
Завантаження...
AD
AD
AD
AD
Завантаження...
AD