KIEV, Feb. 16 – The provisional administration of the National Bank of Ukraine at Kiev-based Nadra Bank has started reviewing the assets and commitments of the bank and drawing up a plan for its financial readjustment.

"This week, one result of the work of the provisionary administration was a cut in the bank's expenses, including total administrative expenses, the optimization of the structure and the number of bank employees, wages, pension and public utility service payments and other social payments," reads a bank statement issued on Feb. 13.