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Top related persons:
Andriy Pyshnyi - 1 Mikhail Fridman - 1 Petr Aven - 1 Olena Harmash - 1 Anna Pruchnicka - 1 Timothy Heritage - 1 Richard Chang - 1
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Ukraine
Top related orgs:
Bank - 1 National Bank of Ukraine - 1 Sense - 1 ABH Holdings S.A - 1 Sense Bank - 1 Thomson - 1

Search resuls for: "Sense Bank"


2 mentions found


☆ Ukraine to nationalise Sense Bank from its Russian owners
  + stars: | 2023-07-20 | by ( ) www.reuters.com   time to read: +1 min
KYIV, July 20 (Reuters) - Ukraine's central bank said it will nationalise Russian-owned Sense Bank, one of the country's top commercial banks, and put it under temporary administration on Friday. The National Bank of Ukraine (NBU) said in a statement on Thursday it decided to "withdraw from the market the systemically important" bank and submitted a proposal to the government on the state's participation in the process. Sense Bank, with 3 million depositors, posted losses of 7 billion hryvnias ($189.75 million) in 2022, central bank said. Mikhail Fridman has a 32.86% stake in ABH Holdings S.A., the majority owner of Sense Bank, while Petr Aven holds 12.4%, the bank said on its website. ($1 = 36.8910 hryvnias)Reporting by Olena Harmash, Writing by Anna Pruchnicka, Editing by Timothy Heritage and Richard ChangOur Standards: The Thomson Reuters Trust Principles.
Persons: Andriy Pyshnyi, Mikhail Fridman, Petr Aven, Olena Harmash, Anna Pruchnicka, Timothy Heritage, Richard Chang Organizations: Bank, National Bank of Ukraine, Sense, ABH Holdings S.A, Sense Bank, Thomson Locations: Ukraine
☆ Ukraine banks’ robust health masks big challenges
  + stars: | 2023-05-11 | by ( Pierre Briancon | ) www.reuters.com   time to read: +8 min
Across the banking sector, deposits are as abundant as they’ve ever been, and the country’s lenders have found ways to remain profitable. The National Bank of Ukraine, the country’s central bank, deserves plaudits for both its preparations before the war and after it began. NPLs crept up to 38% of total sector loans as of January 1 this year, according to the central bank. It has the equivalent of $4.8 billion in non-performing loans, a staggering 67.5% of its loan portfolio, according to central bank numbers. The fact that Ukraine’s banks not only still exist but are thriving is an achievement in itself.
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