KIEV, Dec. 30 – The largest bank in Ukraine – PrivatBank (Dnipropetrovsk) – has implemented its additional capitalization program and has enough liquidity to maintain mandatory reserves at the required level, National Bank of Ukraine Governor Valeriya Gontareva said at a year-end press conference in Kiev on Tuesday.
"PrivatBank has fulfilled the whole additional capitalization program foreseen after a stress test of 2014. In 2015, the bank injected UAH 8.2 billion into its capital after the stress test of last year. Moreover, now the bank has around UAH 4 billion on the correspondent account and around UAH 9 billion in the cash department. This is even more than required to support mandatory reserves," she said.
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