What will happen to the loans, deposits , depositors and borrowers, after elimination
Bank? Possible scenarios learned " Prostobank Consulting ."

Liquidation of the bank are two laws governing. First, it is valid, we
in the country with respect to all bankrupts the Law "On restoring solvency
insolvent or bankrupt, its recognition. " Secondly, it is "Narrow" Law
"On Banks and Banking", in addition, there are regulations
regulator. Liquidation itself generally can last for several years
and proceeds as follows. If the interim administration, which was introduced
the bank was unable to establish the normal operation of the institution or find an investor,
and the bank has no chance of survival, the National Bank of Ukraine begins
to eliminate previously revoked the license of the bank. That
understand the situation with the borrowers and depositors of the liquidated bank, consider the
the very mechanism by which the payment occurs after the liquidation. Liquidation
Commission implements the bank's assets (for example, sells its loan portfolio or
premises owned by the bank, ATMs, and simply seized collateral
estate agencies, etc.), and the resulting amount, called the liquidation
mass consumed by debts of the bank in a certain order. In the first
place in the priority of wage and miscellaneous expenses of liquidators to eliminate
institutions, as well as taxes and obligations to the state budget. Then, according to the law
the turn of arrears of salary for employees
Bank. And just after the turn of the depositors. Least
fortunate to natural persons, the payments have been blocked - they last in the queue.
In addition, if the funds for any group runs out - then so be it.
Other creditors will be left without money. So it turns out that only
if the borrowers of the bank will repay the loan properly, or if
if the liquidator will be able to sell loans to the bank, its creditors
receive their funds. Thus, borrowers and depositors of the bank are closely related
among themselves, as those who owes the bank, and those who need bank. And without having to
commitments first, bank, or rather what was left of it, can not perform
obligations of the latter. True, those who have in the bank is not the sum of
more than 150 thousand hryvnia, bank payments are not needed - it will Guarantee Fund
deposits of natural persons. Word of the depositors and the current Term deposits
together with interest accrued to the date of the decision to liquidate the bank,
can be obtained from the Fund for Guaranteeing Deposits of physical persons. Contributions to
any foreign currency shall be paid in UAH according to NBU rate on the day of appointment
liquidator of the institution. Neither the entrepreneurs nor the investors in precious metals deposits,
Unfortunately, under the terms of the Fund will not receive compensation. Those who
in one failed bank deposits some may receive payments
for each of them - but no more than the total amount of 150 thousand hryvnia.
Payment is as follows. Within 20 days from the date of appointment
liquidator, the Commission prepares a list of depositors and feeds them
in FGVFL. The Foundation in turn pays a guaranteed amount of compensation
deposit within three months from the date of appointment of a liquidator of the bank.
To do this, he reports in the media order payments, the beginning and duration of
payments (from several months to six months) and the name of the agent banks, via
which payments are made. To get the money you just
passport and an identification code - the rest of the necessary information
contained in the lists. You can also get a contribution to the power of attorney, certified
notary public, or by presenting evidence of inheritance. If you
too late for compensation to the Agent Bank FGVFL, then the next three years will
appeal directly to the Fund by writing free-form application and attach
copy of passport and identification number. For those who have in the bank
lodged the sum is greater than the guaranteed 150 000 hryvnia, the chances of a
the rest of the money is. To do so, within a month to go
a statement by the liquidator of the bank, which should enable the borrower to the list
creditor agency. Who was late for a good reason and this has
documentary evidence - may appear in the list only by the
court. True, you can receive your funds will be only if the liquidator
still have any money after paying more nimble lenders.
Finally we recall that the payment can only rely contributors
banks active members FGVFL them today at 180. In late May, "Odessa-Bank"
(Odessa), and "Financial Union Bank" (Dnepropetrovsk) to regain their membership,
therefore, among the banks were only temporary participants "Nadra", Ukrprombank
and "National Credit." In the event of liquidation of these banks-time members,
receive compensation for only those depositors who have opened a deposit before
the bank was transferred to this status. For "Nadra" and "National Loan"
is 02.03.2009, and for Ukrprombank - 20.03.2009. Word of the borrowers
Schedules borrowers in the same way as the lists of contributors, prepares
liquidator. He and "engaged in" debt, at least at first. Here
want to answer the key question for borrowers bankrupt
Bank. No, the liquidation of the bank does not mean the elimination of credit. Consider
all possible scenarios in detail. The first option, the
probable, and binding on the logic - is the work of liquidation committee
to collect all possible to raise funds. Therefore, theoretically, the liquidator
may demand early repayment of the loan. Or pay it, for example,
within six months. In addition, he is entitled by law in case of problems
repayment of loan to go to court. The second scenario
- Though unlikely in the liquidity crisis - is the sale of credit
portfolio to another institution. Then the borrower will have to pay just
debt on the loan in the same mode as before, but the new creditor. Theoretically,
conditions on the credit for it should not change, though, it all depends on the contract,
contributor who signed with the first bank. If it provides for the right
changes, the new bank could take advantage of it. True, the Civil
The Code has not been canceled, so it is unlikely that it was, for example,
of interest rate rises. Any hopes that the credit effective
borrower's written off as bad debt, are naive. First,
penalties in case of defaults on the loan has not been canceled. Second,
before the withdrawal of "hopeless" you as the borrower will have to pass more than once
through executive service and the courts, and if the decision is in favor of the bank,
it may be possible to answer all the necessary liquid assets. A bank
employees usually do not get tired from grief over the years to seek payment of its borrowing
debt. But even if you can successfully "pass" all of the above, in the end,
your "debt" will always be with you - the credit bureau.
In any case - we advise you not to stop paying on the loan,
even if you heard the news that the commencement of the liquidation of your
institutions. But for investors it is important not to miss the deadlines to apply for compensation
in the agent bank or deadlines for applications in the future, spend less
forces for their savings.

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