September 1 to decide the fate of the bank National Credit, which is now the interim administration. According to the sources of Business capital, in early autumn of the shareholders finuchrezhdeniya must enter a new investor, while the share of current shareholders will be diluted as a result of additional issue.

Shares

new issue of National credit to purchase the former First Deputy Chairman Andrei Onistrat Partner Bank, who worked there less than a year, 4 Jun, 2009 resigned, and before that worked for six years in Ukrsotsbank (from December 2002 till October 2008 gg.).

The formal application for entry of new shareholder in the National Loan , which today is the interim administration, followed only after the additional issue and to increase capital, which must be fully executed on 31 August, but the real end, I think, already by 26 August - commented the situation in the source of the National Bank.

volume of additional issue will be 30 million UAH.: 120 thousand shares of 250 grn. As reported in finuchrezhdenii existing shareholders do not intend to participate in the repurchase of securities, all get a new investor. Its share of the posting will be 51.65%. As of July 1, the largest shareholders' Natskredita were Prominvestbank - 34.7481% of the shares, ASO Veksel - 31.5106%, and former Chairman of the Board Paul Matviyenko - 10.9988%.

additional issue razmoet share of existing shareholders more than doubled - in proportion to the increase of capital. However, problems with the existing shareholders do not, minority shareholders will be offered torepurchase their shares, - told the interim administrator of the National Loan Yelena Kolos.

While at this point being only preliminary talks. To date, Pibu owns 34% shares of the credit. We fully intend to sell your package investor. Although a formal proposal has not yet been received, but informally known as a very modest amount: the nominal value of the package of 16 million grn. It is only the 2 million grn. , - informed the D , First Deputy Chairman of the Board Prominvest Vyacheslav Yutkin.

According to him, the PIB is not currently interested in the shares of troubled finuchrezhdeniya. This asset is not working, that may not suit us. In addition, the National Credit leases 24 sites in Prominvest, with non-market rates. We plan to increase the value of the lease, bringing it to market parameters, - said Yutkin.

became known as Business capital, the new investor Natskredita now impose two basic requirements. This is an additional issue on the redemption of 30 million grn. And deposit the total amount of UAH 70 million., - Told the Helena Kolos. She argues that, even after increasing the capital of the bank, it will continue to work Provisional Authority and the NBU will continue to be a moratorium on satisfaction of creditors' claims. Recall that a week before the National Bank to extend it for six months - until December 19, 2009 I think that would obviate the need for a moratorium by the middle of autumn, - assured Kolos.

To date, make different predictions regarding the future of Natskredita. According to optimistic estimates of its work will be able to stabilize by the end of 2009, pessimistic - until late in the first half of 2010 The bank is now three main issues: card accounts, debts owed to creditors for 40 million grn. (with negotiations on the restructuring), as well as non-credit.

As reported in the National Loan, as of August 1, the total amount of problem loans is about 65 million grn. (about 17% of the total loan portfolio). The five largest debtors bank accounts for more than 60% of this amount and are now under way. All of loans backed by real collateral. Our challenge now - to restructure the problem, but if money can not be returned, it will work to recover the collateral. Until the end year, according to our estimates, we can reduce the level of debt subject to 10% of the loan portfolio. With respect to loans serviced properly, then there will be increasing rates: we are unable to provide unprofitable portfolio with an average rate of about 18% per annum at a cost of resources around 22-23 % , - told Yelena Kolos.

In

finuchrezhdenii admit that the increase in capital Natskredita on 30 million grn. are insufficient to address all the priorities of the bank. They may not be enough even with the 93 million UAH. Refinancing allocated NBU in late July. We do not exclude that the bank would need additional refinancing. If investors continue to increase capital finuchrezhdeniya problem and can provide a real program it out of the crisis, it is likely to be granted, especially if investors start paying deposits, -- reported in the National Bank. Another capital increase of the loan in the office of Vladimir Stelmakh expected in late 2009 - early 2010. And officials admit involvement in the ranks of the shareholders of new investors.

 

Elena Lysenko

Stock Indexes in Asia fell on fears the deterioration of corporate profits
U.S. stock market rose on Thursday on the statement, AIG and statdannyh, futures on Friday in the red
In the energy sector may increase the pressure on the equities RusGidro: the company said that would be able to put into operation, three units of Sayano-Shushenskaya GES in 2010
At risk for Russian investors, shares of the banking sector, it is possible to correct the neftyanke and telecom
Oil prices over the past 24 hours have fallen by $ 1.67 to $ 73.04 per barrel of Brent class
Lack of ideas and the big operators are not giving the market to choose the direction of movement
Of the important statistics today is expected to publish data on house sales in the secondary market in the United States in July
In general, the market is still uncertain
There is a possibility that today the quotation of domestic securities, will attempt to close gepy from August 17, 2009