Ukraine's Deposit Guarantee Fund in 2017 paid depositors of insolvent banks UAH 7.058 billion (US$246.2 million), which was by 50% down from UAH 14.936 billion ($521 million) in 2016, according to the Fund's press service.
Ukrainian insolvent banks' refinancing loan debts owed to the National Bank of Ukraine (NBU) shrank by UAH 1.377 billion, or US$52 million, in the ten months of 2017, according to the NBU website.
The National Bank of Ukraine (NBU) has classified Bank Boguslav JSC as insolvent since it failed to reach the target volume of the charter and regulatory capital as of November 1 when the bank needed additional capitalization following the diagnostics results, according to the regulator's website.
The National Bank of Ukraine (NBU) says that 21 cases on putting insolvent banks back into operation are being considered in Ukrainian courts at the request of their ex-owners, according to the regulator's press service.
The Supreme Court of Ukraine has upheld court decisions obliging ex-owner of the insolvent Delta Bank Mykola Lahun to compensate UAH 4 billion, or US$150 million, in favor of the state-run Oschadbank, according to the latter's press service.
The total loss of all Ukrainian banks, including insolvent ones, was estimated at UAH 5.108 billion, or US$198.8 million, in the first half of 2017 (H1), which was by 44.8% down from the total loss at UAH 9.353 billion, or $364 million, year-over-year (y-o-y), according to the National Bank of Ukraine (NBU).
The Central Bank of Russia has introduced an interim administration in JSC Genbank, one of the major banks operating in the occupied Crimea, according to Prime news agency referring to the regulator.
Deputy Managing Director of the Deposit Guarantee Fund (DGF) in Ukraine Svitlana Rekrut says that there are about ten banks in Ukraine that may be designated as problem ones.
The National Bank of Ukraine (NBU) has classified CB GEFEST PJSC as insolvent, according to the regulator's website.