PrivatBank says that ownership of the online settlements system Privat24 will be transferred to the State. Minority shareholder and Deputy Chairman of the Board of PrivatBank Oleh Horokhovskyi announced this on Facebook, Ukrainian News Agency reports. Before, it was reported that the online bank Privat24 is not on the balance sheets of PrivatBank and will not be transferred into the government ownership. Governor of the National Bank of Ukraine (NBU) Valeriya Hontareva says that the NBU and Deposit Guarantee Fund team is in Dnipro, finding out whether Privat24 is on PrivatBank’s balance sheets. As Ukrainian News Agency earlier reported, the Cabinet of Ministers on December 18 decided to nationalise PrivatBank. The bank was taken into provisional administration on December 19 for three days. After that the bank will be nationalised through conversion of the domestic-loan government bonds issued by the Ministry of Finance into the financial institution’s capital.