NBU for the second time decided to revoke the license of the Bank “Soyuz”

НБУ во второй раз решил отозвать лицензию банка "Союз"

The national Bank of Ukraine for the second time decided to revoke the license of the Bank “Soyuz”, the press service of the regulator.

“Taking into account the existing National Bank’s information about the numerous abuses in the Bank and act on violations of financial monitoring PJSC CB “Union”, adopted a new resolution of the Board of the National Bank to revoke the banking license and liquidation of the Bank”, – stated in the message of the national Bank.

Recall, the NBU noted that the liquidation of the Bank will have no impact on the stability of the financial market. As of 1 February 2016 in the Bank, there were fewer than 300 investors-individuals whose contributions are reimbursed by the Fund for guaranteeing deposits of individuals.

We will note, in March last year, the SBU has blocked activity of the konvertatsionny center with a monthly illegal turnover of 600 million USD, which was organized by the owners and managers of one of Ukrainian commercial banks. As reported in the SBU, it has stolen budget money intended to restore the infrastructure of Donetsk and Lugansk regions. In the premises of the Bank security officers also found a print of two district courts of Donetsk, documents and blank forms with the seal impressions of the so-called “DPR Bank”. The documents included a criminal scheme for financial relations with the Lugansk and Donetsk enterprises, in particular for the supply of gas from the temporarily occupied territories. The name of the Bank in the interests of the investigation were not disclosed, but media linked the activity of this conversion center with the Bank “Union”.

The district administrative court of Kyiv on March 28 reversed the decision on the revocation of the banking license, and on 26 April, the Kiev court of appeal dismissed left complaint to the national Bank.