In the extended Description temporary administration

В Хрещатике продлили временную администрацию

Bank Khreschatyk

A temporary administration was extended from may 5 to June 4, 2016.

The Deposit guarantee Fund of individuals has prolonged temporary administration at Bank Khreschatyk on a month – from may 5th until June 4, 2016, reports Interfax-Ukraine.

Administrator Igor Kostenko was extended to 4 June. 98.7% of depositors promise to return the money in full, guaranteed Fund, that is up to 200 thousand UAH.

Cause of Khreschatyk Bank’s insolvency, the NBU considered “reluctance of other shareholders to invest in its capitalization, total requirements are estimated to be 1.25 billion USD until June 2017, including 600 million USD – up to 1 may of the current year”.

As reported, April 5, Khreschatyk Bank has recognized insolvent.

Bank Khreschatyk was founded in 1993. The amount of total assets on October 1, 2015 (of 10.09 bn) took 18-th place among the Ukrainian banks 123. 25% of the shares are owned by the city of Kiev.

We will note, according to media reports, today the customers of the Bank Khreschatyk stormed the Central office, the only one that can receive money. According to depositors, in full they have not received any deposits or salary. Handed out no more than 2,5 thousand hryvnias.

Ukrainian banks suffered record losses

Source