Owners of PC Bank seek to liquidate it – shareholders meeting agenda

14:47, 16.01.2017 1 min read

PC Bank (People's Capital Bank, Kyiv) with largest shareholders as of early December 2016 Russian citizen Valery Makarenko (14.24%), Svitlana Ostapenko (9.84%), Ruslan Parkhomenko (9.68%), Oleksiy Yaroshenko (9.07%), Oleksandr Voroniak (8.6%) and Oleh Lutsky (8.07%) could be liquidated under an initiative of its owners.

The issue was put on the agenda of an extraordinary general meeting of the bank's shareholders on Monday.

"Taking into account the situation on the banking services market and difficulties with declaring the ownership structure of PC Bank transparent by the National Bank of Ukraine (NBU)… and with the purpose of protecting the interests of the bank's shareholders it is proposed to liquidate People's Capital Bank under an initiative of the shareholders," the draft decision said.

People's Capital Bank (earlier Farmer Land Bank) was founded in 1993.

The bank ranked 86th among 100 operating banks as of October 1, 2016, in terms of total assets worth UAH 265.06 million, according to the NBU.