NBU recognized Bank insolvent the next

НБУ признал очередной банк неплатежеспособным

Another Bank will be removed from the market

Smartbank declared insolvent due to opaque structures of ownership.

The national Bank took Smartbank (Kyiv) insolvent in connection with an opaque ownership structure, according to the website of the Central Bank.

The NBU noted that since may of 2014 indicated to the Bank and its shareholders that the ownership structure is not transparent.

“After repeated attempts to negotiate the acquisition of a substantial participation in a Bank different persons in 2015-2016, the ownership structure of PJSC “Smartbank” and was not brought into compliance with the transparency requirements set by the regulator”, – stated in the message.

It is reported that the Bank has changed several times the owner of a substantial participation without the consent of the national Bank.

The Bank had placed deposits of less than 100 individuals.

The NBU added that the burden on the Deposit guarantee Fund of individuals ‘ deposits will not exceed 100 thousand hryvnias.

According to the website of the Bank, the major shareholders are Smartbank Julia Bogatko, Vyacheslav Leach, Sergei Sigorsky and Victor Tkachenko (9,17%).

As reported, on may 23, was declared insolvent Bank Michael.

Source