KIEV, April 7 – About 10% of the city of Kiev's assets are held in Bank Khreschatyk, which has been declared insolvent, Deputy Head of Kiev City Administration Hennadiy Plis said at a press conference on Wednesday.

He said that some UAH 348 million of municipal companies' funds as of January 1, 2016 were on current accounts of the bank and UAH 131 million on deposit accounts. Since early 2016 as of April 1 Kiev municipal enterprises withdrew no more than 25% of their assets to minimize risks. Some 297 million as of April 1, 2016 were left on current accounts and UAH 65 million on deposit accounts.

He said that this could not affect bank's entire liquidity.