The Board of the National Bank of Ukraine (NBU) on Jan. 10 issued decision No. 14-rsh/BT on placing the PJSC Platinum Bank (Kyiv) on the list of insolvent banks, the NBU said in a statement on its website on Jan. 11.
As of January 1, 2017, the bank did not reach the positive value of capital, the regulator said.
As the result of banks stress testing in the first half of 2016, in June 2016 the necessary amount of additional capitalization was approved for all banks in the second twenty in order for them to reach the positive value of regulatory capital by Jan. 1, 2017, the NBU said.
According to the NBU, Platinum Bank submitted to the National Bank its restructuring plan, which included the implementation of a number …
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