KIEV, Jan 5 (Reuters) - Ukraine's central bank said on Tuesday it had liquidated the Ukrainian Financing Group -- a tiny commercial bank that is the seventh victim of the financial crisis that has gripped Ukraine for over a year.
The bank was 170th in assets out of over 180 operating in Ukraine. It had assets of 135 million hryvnias ($17 million).
The banking sector has been hit by a sharp depreciation of the currency -- 60 percent from a peak last year -- and a soaring number of non-performing loans as a deep economic recession hits companies and consumers alike.
The following is a list of banks placed in receivership, those allowed to go under, those helped by the government and also a list of the top foreign banks in Ukraine.
Banks' assets data taken from the central bank are correct as of Oct. 1, 2009.
BANKS IN RECEIVERSHIP: Name Size Assets Date
million hryvnias --------------------------------------------------------------- Nadra Bank * 11 25,893 10 Feb 08 Ukrprombank * 18 10,223 21 Jan 09 Rodovid 24 9,098 16 March 09 Hypobank 65 1,473 2 Oct 09 BIG Energya 75 1,135 16 March 09 Zakhidinkombank 98 775 13 Feb 09 Inprombank 105 660 11 Sept 09 Volodymyrsky 136 352 17 July 09 Transbank 143 301 2 March 09 Dnistr 146 277 17 April 09 Bank Stolitsa 154 207 20 July 09 Dialogue Bank 158 189 16 Oct 09 Arma 167 163 17 April 09 TOTAL ASSETS 890 billion hryvnias ($110 billion) - banks in receivership 51 billion hryvnias ($6.4 billion)
* Nadra and Ukrprombank are likely to be liquidated after the central bank transferred their deposits to freshly nationalised Rodovid Bank.
The central bank automatically freezes all withdrawals of deposits for six months when it places a bank in receivership.
BANKS GONE BUST
Bank Size at the time
-------------------------------------------------
European 53
National Standard 70
Vostochno-Evropeyskiy 81
Regional Development Bank 94
Odessa Bank 111
Prichornomorya 144
Ukrainian Financing Group 170
BANKS THE GOVERNMENT HAS NATIONALISED Name Stake Size Assets Date
bought million hryvnias --------------------------------------------------------------- Ukrgazbank $420 million for 84.21 17 12,941 June 09 Rodovid Bank $370 million for 99.97 24 9,098 June 09 Bank Kyiv $470 million for 99.93 40 5,300 June 09
FOREIGN BANKS IN UKRAINE
Bank Parent Size Assets
million hryvnias --------------------------------------------------------------- Raiffeisen Bank Aval Raiffeisen 3 60,236 Ukrsibbank BNP Paribas 5 48,454 Ukrsotsbank UniCredit 6 44,273 Alfa Bank Alfa Group 7 33,964 Prominvestbank VEB Bank 8 30,803 OTP Bank OTP 9 29,934 VTB VTB 10 28,258 Forum Commerzbank 12 18,645 Swedbank Swedbank 16 13,735 Erste Erste 20 11,238 ING Ukraine ING 22 9,572 Unicredit Bank UniCredit 23 9,240 Pravex Bank Intesa SP 28 6,989 Kredobank PKO BP 31 5,531 Sberbank Sberbank 32 5,500 Swedbank Invest Swedbank 34 5,386 Calyon Credit Agricole35 4,950 Citi Citigroup Inc 37 4,104 SEB Bank SEB 44 3,663 (Compiled by Sabina Zawadzki; editing by Stephen Nisbet)