The NBU told about the consequences of the abolition of the nationalization of "PrivatBank"

It is reported by Interfax-Ukraine.

“We can fantasize what could happen in case of a negative decision of the court of appeal ... Privatbank's capital is UAH 147 billion. If we take away 155 billion hryvnia, we will have a huge hole in capital, more precisely, in assets. And the National Bank again recognizes the bank as insolvent, ”he said.

As he explained, after that, the bank will transfer the Deposit Guarantee Fund to individuals, which will require the government to issue an internal government loan bond to pay the guaranteed amount of reimbursement to depositors, and the Fund in turn will come to the National Bank for their monetization.

All this, according to Churia, will affect the foreign exchange market and inflation.

Earlier, the Kyiv District Administrative Court declared the nationalization of PrivatBank illegal. The financial institution was nationalized by decision of the Cabinet of Ministers on December 18, 2016.