Problem Bank Daniel to stop operations of offices from February 17

16:20, 10.02.2014 1 min read

The temporary administrator of Bank Daniel (Kyiv) has decided to terminate the activities of the bank's offices, the bank said on its Web site.

"From February 17, 2014 the offices will stop their activities, and measures to completely close them will start," reads a statement.

As reported, a temporary administration was introduced in Bank Daniel for the period from January 17 to April 16, 2014.

Bank Daniel was founded in 2003. According to the bank, in the third quarter of 2013, none of its shareholders owned a stake exceeding 10%. On February 11, 2013 some 11 individual shareholders together owned 86.08% of the bank, and three legal entities - 13.92%.

According to the NBU, on October 1, 2013 the bank's total liabilities to individuals were UAH 521.68 million.

According to the National Bank of Ukraine, on October 1, 2013 in terms of total assets the bank ranked 102nd (UAH 1.271 billion) among 178 banks operating in the country.