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 Privat24 e-banking system is state-owned, - Privatbank Deputy CEO Horokhovskyi

Privat24 online banking system has become the property of the state.

Censor.NET reports quoting Privatbank Deputy CEO Oleh Horokhovskyi's Facebook.

"[It belongs to] the state," he wrote answering a question who owned Privat24 and all the online services.

Read more: State guarantees safety of funds to Privatbank clients, - Poroshenko

On Dec. 18, the Cabinet of Ministers announced its decision to nationalize Privatbank, the largest privately-held bank of Ukraine. The government intends to issue 30-year domestic government loan notes worth 150 billion hryvnia ($5.54 billion) and become a 100-percent owner of the bank. The bank's first deputy CEO announced the decision was made after an unprecedented information attack on the bank and a threat it posed to its clients. The bank's leadership assured the clients their savings will be safe, naming it the key condition in the talks. In his turn, Minister of Finance Oleksandr Danyliuk confirmed the clients' money will be safe and protected by the state. Due to the nationalization procedure, Privatbank halted corporate transactions for one day, till 9 a.m. Dec. 20.

According to the National Bank of Ukraine, Privatbank needs 148 billion hryvnia in additional capitalization. The finance minister said that after Privatbank is stabilized, the state plans to sell it. In turn, President Poroshenko said the state guarantees safety and integrity of the client's funds.
   
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