The National Bank of Ukraine (NBU) does not rule that PrivatBank may be nationalized if it fails to fulfill the capital-increase program.
NBU Deputy Governor Dmytro Solohub said this at 3s.tv, Ukrainian News Agency reports.
"We've always been stating two ways when a bank is not fulfilling the capital-increase program or if the shareholders are unable to fulfill it: insolvency for non-systematically important and nationalization for systematically important banks," he told.
There are three systematically important banks in Ukraine now: state-owned Oschadbank and Ukreximbank, and private PrivatBank.
In August, PrivatBank decided to increase its authorized capital by 12% or UAH 2,583 million to UAH 21.26 billion.
Solohub also cited NBU Deputy Governor Kateryna Rozhkova who said on October 21 that the central bank is now verifying the capital-increase programs.
As Ukrainian News Agency earlier reported, mass media have reported alleged nationalization of PrivatBank.
The bank refuted these reports and called them a fake.
PrivatBank recorded a profit of UAH 216 million for 2015 and UAH 530.9 million for H1 2016.
Businessman Ihor Kolomoiskyi owns 41.66% of shares in it and businessman Hennadii Boholiubov 33.252,5%.
Information from the NBU, as of July 1 the bank ranked 1st in terms of the amount of assets (UAH 268.9 billion) among the 101 operating banks.
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