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The parliament decided to send a re-designed the second reading of the Cabinet of Ministers of the bill number 4630 on the financial recovery of banks.
For this decision 399 deputies have voted at necessary 226.

The Bill provides, inter alia, the introduction of simplified procedures reorganization of banks, the transfer of their assets and liabilities, reducing the authorized capital of the bank in carrying out financial recovery plan as part of the interim administration.

Under the bill, the temporary administrator of the bank may, with the aim of capitalizing the bank with the participation of the State, in consultation with the NBU decide to increase or decreasethe authorized capital of the bank.

The bill establishes a special procedure for reducing the statutory fund in the bank if the amount of capital is less than the statutory fund and planned participation in the bank recapitalization.

It is envisaged that, in contrast to the general procedure is the reduction of capital does not require the consent of the creditors and does not entail they have the right to request early termination of, or compliance and reimbursement of his loss, - stated in a memorandum.

The bill also provides that the exchange of information between the NBU and the Ministry of Finance on the banks, the recapitalization which is participating State, carried out without the disclosure of bank secrecy.

reports, June 25, Rada adopted the bill number 4630 on first reading.

10 June, Cabinet approved the final decision on the recapitalization involving state Ukrgasbank, Bank Kiev and Rodovid Bank.

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