Photo from UNIAN
The Individuals' Deposit Guarantee Fund has extended the authority of the provisional administration at Kyiv's insolvent Khreschatyk Bank for one month – until June 4, according to the Fund's website.
The powers of the provisional administrator of the bank, Ihor Kostenko, are extended for the same period.
As UNIAN reported earlier, the Individuals' Deposit Guarantee Fund introduced the provisional administration at the bank after the National Bank of Ukraine declared it insolvent on April 5.
Managing Director of the Individuals' Deposit Guarantee Fund Andriy Olenchyk said that the Fund had estimated the amount of compensation to be paid to depositors of Kyiv's insolvent Khreschatyk Bank at UAH 2.8 billion.
Read alsoInsolvent Khreschatyk Bank's depositors to get nearly UAH 3 bln in compensationThe bank's major shareholders are Andriy Ivanov with 37.44%, Kyiv City State Administration with 25%, Mykola Soldatenko with 24.24%, and some minority shareholders.
According to Vice-Governor of the National Bank of Ukraine (NBU) Kateryna Rozhkova, the bank's liquidity worsened after some enterprises owned by the bank's shareholders had transferred their accounts to other banks.