It isn't lucky Nikolaev with banks — liquidation of Black Sea Coast bank

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The National Bank will begin today the first since the beginning of financial crisis elimination in the banking sector. On Friday in the letter No. 44-012/5249-9950 NBU I reported that the resolution No. 305 I withdrew the license of Black Sea Coast bank in which since February 2 the temporary administration worked since May 25, and I initiated procedure of its elimination, the Businessman - Ukraine" writes ".

""Black Sea Coast" has very big problems with solvency, and the investor didn't manage to be found it. Therefore decided it to liquidate, - the executive director on bank supervision of NBU, the head of administrative council of the Fund of Guaranteeing Deposits of Individuals (FGDI)explainedVasily Pasichnik. - The fund will cope with return of all deposits. Though "Black Sea Coast" has assets - means from their sale will be returned to investors".

According to NBU, by April 1 the portfolio of deposits of natural persons of bank made 134,21 million UAH, legal - 15,15 million UAH, other banks - 5,65 million UAH

"Black Sea Coast" became the first and the smallest of 15 banks with temporary administrations which NBU decided to liquidate. With assets of 157,5 million UAH it took only 167-е a place among 182 banks.

We will remind: open joint stock company "The commercial bank "Black Sea Coast" is registered by National bank of Ukraine on April 21, 1993 in the city of Nikolaev. In December, 1995 the main office of bank was transferred to Dnepropetrovsk, and in Nikolaev the bank branch is created. It is the second case in the history of Nikolaev when the bank given rise here perishes. "Nikkombank" created in 90-ых years and excluded from the state registry of banks in 2004 was the first.

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