NBU starts nationalization of Sense Bank (formerly Alfa-Bank)
The National Bank of Ukraine (NBU) has decided to withdraw Sense Bank (formerly Alfa-Bank) from the market and turned to the government with a proposal to nationalize it, NBU Governor Andriy Pyshnyy said.
"The board of the National Bank ... decided to withdraw the systemically important Sense Bank from the market and made a proposal to the Cabinet of Ministers regarding the participation of the state in this procedure," he said at a briefing in Kyiv on Thursday.
Pyshnyy added that the government's decision on nationalization is expected on Friday and ruled out the possibility that the government would refuse to accept the NBU proposal.
According to Managing Director of the Individuals' Deposit Guarantee Fund Svitlana Rekrut, a temporary administration will start working in the bank on Friday morning, and on Monday the bank will work as a state bank.
Advertising
Advertising
MORE ABOUT
EBA, following SUP, criticizes Arakhamia's bill No. 11195 on implementation of sanctions supported by Ministry of Justice with amendments
20:37, 17.05.2024
Former owners of Sense Bank warn against its privatization
17:23, 31.01.2024
Sense Bank considers capital markets in its strategy as separate business line – acting head of board
14:45, 30.01.2024
Sense Bank sees Ukrgas, OTP and FUIB as its main competitors in 2024 – acting head
13:50, 30.01.2024
Ministry of Finance to announce active interest of investors in Sense Bank, Ukrgasbank, preparing them for sale this year – Deputy Minister
12:27, 24.01.2024
LATEST
PM instructs Energy Ministry, Ukrenergo to develop draft resolution on fair schedules for disconnecting consumers from electricity
18:17, 21.05.2024
Ukraine meets all structural benchmarks before IMF mission expected late May for fourth EFF Arrangement review – Deputy Minister of Finance
16:47, 21.05.2024
NovaPay will compete with banks for salary cards
12:05, 21.05.2024
Tokayev: Kazakhstan-Turkey trade may grow to $10 bln
20:32, 20.05.2024
Poland can expand agricultural ports and grain terminals to increase transit of Ukrainian grain