The national Bank of Ukraine (NBU) has labeled " Prime Bank " insolvent in connection With irregularities in the Bank's work on combating the laundering of cash laundering, informs the national Bank on the last working day of the week.

" in order to protect the interests of depositors and other creditors of the Bank Board of the National Bank of Ukraine October 2, 2014 decided to take public joint stock company " Prime Bank " insolvent ", - reported in the report of the NBU on the Internet representation of the regulator.

As commented by the NBU, during the supervision of " Prime Bank " in relation to compliance with the law on preventing and combating resolution (laundering) of the parish of money laundering or financing of terrorism (law on issues of financial monitoring) the national Bank of Ukraine many times has revealed violations of law on issues of financial monitoring.

because of this, the Bank in 2013-2014 five times applied measures (sanctions). However, specifies the NBU, the Bank had not taken sufficient measures to reduce the risk of application services of the Bank to permit joining of money laundering.

" for example, according to the results conducted by the regulator in September 2014 unscheduled inspections can be traced back to the implementation of the Bank's scale of operations With money funds in national and foreign currencies that are not characteristic for credit institutions of the fourth group, and has a separate clients who continuously carry out financial transactions on the withdrawal of these funds in large volumes ", - informs the NBU.

" Prime Bank " was founded in 2001, provides services for physical and legal entities. Also " Prime Bank " is a member of the Association of Ukrainian credit institutions. The size of regulatory capital and assets " Prime Bank " refers to the fourth group.

sections: Politics