The Ministry of Finance of Ukraine ruined the state-owned Bank Kyiv

Kyiv, February 09 (PolitNavigator, Oleksandr Semenyuta) – It will soon be six months since Bank Kyiv, 99,93% of which is owned by the Ministry of Finance of Ukraine, has been failing to return deposits and process non-cash payments. The publication "Minprom" draws attention to the fact that the bank has sunk to this state while under state control.

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“What is happening at Bank Kiev, controlled by the Ministry of Finance, can hardly even be called a default. This is, rather, a “stupid scam” of clients and depositors, behind which are the private interests of specific officials of the same Ministry of Finance and the National Bank,” one of the bankers tells the publication.

All bank payment cards have been blocked for several months on his own initiative. “We have zero in our correspondent account, so our cards are not serviced,” the bank’s call center explains. According to one of the bank's managers, the institution has not carried out any financial transactions since September last year. The bank does not accept new deposits and does not work with clients at all.

Particular cynicism lies in the fact that last year the National Bank issued refinancing to anyone - the banks of the oligarchs, which immediately went bankrupt, the banks of the “family” of the fugitive Yanukovych. But Kiev, controlled by the Ministry of Finance, was not given a penny to maintain long-term liquidity.

“It was high time to introduce a temporary administration into this bank. However, the NBU is not used to complying with the law, as it is confident in its impunity,” the publication quotes Rostislav Kravets, senior partner of the law firm “Kravets and Partners.”