Interfax-Ukraine
16:14 02.06.2010

Decision on reasonability of Bank Nadra's additional capitalization could be made by late June

1 min read

A decision on the reasonability of the additional capitalization of Bank Nadra (Kyiv) using budget funds and a private investor's funds could be made by the end of June, an informed source at the National Bank of Ukraine (NBU) has told Interfax-Ukraine.

"Mister Firtash [the potential bank's investor] is preparing documents on the realistic possibilities of investing in Bank Nadra, and the NBU is checking the documents. After a meeting of the expert and analytical council on the issue of bank capitalization was held, the NBU and the temporary administrator were given one month to prepare documents so that the Cabinet of Ministers can make a final decision," the source said.

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