Gontareva: Losses for Ukrainian state due to bankruptcy of 44 banks as high as $200 bln

UNIAN

She said $50 billion of this amount has to be reimbursed by the state through the Individual’s Deposit Guarantee Fund.

The head of the NBU expressed her appreciation for adoption of the law on strengthening the liabilities of bank owners and management.

"Why is this important? Because the owners and management of insolvent banks must pay damages caused to the state and investors. In 2014-2015 the Guarantee Fund had to administer 44 insolvent banks, 11 of which went under in 2015," Gontareva said.