The National Bank of Ukraine (NBU) has sent a letter to law enforcement agencies containing information that could be indicative of organized criminal activities at insolvent Bank Khreschatyk (Kyiv), the NBU reported on its website.

According to the report, in particular, the NBU noted that problems in the bank intensified after in late March-early April legal entities had carried out operations on current activities, including the transfer of funds to their accounts in other banks for a total of UAH 840 million. In addition, on April 4 it was established that the bank over the weekend "divvied up" funds of legal entities for a total of UAH 23 million, with a further transfer to the current accounts of individuals.

Individual customers of the bank on April 4 repaid the credit debts of private enterprises associated with the shareholders of Bank Khreschatyk worth over UAH 600 million. The sources of loan debt repayment were transfers from the accounts of legal entities and individuals, including the provision of returnable financial assistance. As a result of such transactions, the bank freed liquid assets from the pledge - securities, mortgages, integrated property complexes and land plots.

As reported, the NBU in the evening on April 5 declared Bank Khreschatyk insolvent and transferred it to the Individuals' Deposit Guarantee Fund for introducing temporary administration.