NBU: The need for additional capital bank Nadra to July amounted to 6.4 billion UAH

need for additional capital bank Nadra (Kiev) to July 2009 amounted to UAH 6.382 billion, according to the National Bank of Ukraine (NBU) at the official Web site.

According to the relevant assessments and updated proposals for the recapitalization of financial institutions and credit transferred to the National Bank Ministry of Finance on July 20.

As reported, acting Minister of Finance Igor Uman in August said that the Finance Ministry has received no application NBU to recapitalize the bank Nadra.

According to NBU, the negative value of banks' regulatory capital on August 21 was 519 million UAH, assets - UAH 28.885 billion (excluding reserves). This bank's liabilities to individuals at that time amounted to UAH 7.753 billion (excluding accrued interest), including deposits, compensable through underwriting - UAH 6.164 billion.

NBU also noted, with reference to the temporary administrator, the bank Nadra about reaching an agreement with international creditors on debt restructuring financial institution subject to a decision regarding the capitalization of the bank with the participation of state and the extension of the moratorium on creditors' claims.

In today's decision regarding the capitalization of JSC KB Nadra with the participation of the State is not accepted , - summarized in the report.

Nadra Bank was founded in 1993. By the beginning of April 2009 its largest shareholders were Novartik Trading Limited (60,9967%), and Manmade Enterprises Limited (both - Cyprus, 30.7406%).

According to the bank's temporary administrator, Valentina Zhukovskaya 51% stake in the bank Nadra is in the mortgage loan granted to him in 2007 to about $ 60 million, the maturity of which has already arrived. In the case of default on the loan the bank's shares will become property of the lender. The dispute between the parties is considered in a London court.

NBU on February 10 this year, entered the bank Nadra interim administration for one year. NBU extended the moratorium on satisfaction of creditors of the bank Nadra on August 11, 2009 to February 10, 2010. It is assumed that the bank Nadra will participate in the program of recapitalization of banks with the state after the restructuring of external debt.

According to NBU, on July 1, 2009 by total assets (UAH 26.293 billion) bank Nadra, took 11 th place among 184 operating banks.

Evening session on FORTS was in red zone
In the coming days VTB shares may continue to decline, despite the growth of the financial sector to foreign sites
Asian stock markets are now showing positive results due to the dynamics of trades in the U.S.
Forex Market 26/08/2009
Exchange rate of dollars saved without changes - the morning review of cash markets
National Bank refinancing rate tied to the discount rate
Kommersant: Direct bid
The dollar reached the stage of official level

National Bank raised the rate to 7.96 UAH /USD …


Indexes in Asia, rising on Wednesday on positive data from the U.S.

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