No problem banks in Ukraine - Deposit Guarantee Fund
There are currently no problem banks in Ukraine, Kostiantyn Vorushilin, the managing director of the Individuals' Deposit Guarantee Fund, has said.
"Today there are no problem banks. There are banks where there are supervisors. The NBU is thoroughly supervising all the banks. All the operations of all banks are being monitored ... We monitor those banks that overcharge rates, call the banks' managers. We monitor the state of their capital, their reserve funds. For a number of banks we daily monitor movement of assets within the framework of the early warning system," he said in an interview with Interfax-Ukraine.
At the same time, Vorushilin added that the fund is concerned about the artificial swinging of the situation with banks with Russian capital.
"We have fears when they start artificially swinging the situation with certain banks, for example, with Russian banks, where there is the money of Ukrainian depositors. Today, according to my personal estimates, Sberbank is the strongest one of them financially. VTB has a concept of curtailing, while PIB cannot decide on its final concept," the managing director said.
According to him, there is no liquidity crisis in the banking sector, which has recently been discussed in the NBU.