Supreme Court suspends withdrawing of USD 350m from PrivatBank
Ukraine’s Supreme Court has frozen a lower court decision to force state-owned PrivatBank to pay USD 350m to Surkis brothers until the end…
Tag: PrivatBank
Privatbank claims Kolomoiskiy laundered nearly $800 million
Privatbank, the Ukrainian lender nationalized by the state in 2016, now claims its former owners laundered nearly $800 million through the United States,…
Ukraine’s Top Court rules in favor of government in PrivatBank case
Ukraine’s Supreme Court has reversed a lower-court decision in favor of the government in a landmark case related to state-owned PrivatBank. The top…
PrivatBank’s claim will go to trial in England
The UK Supreme Court rejected the appeal of a former owner of PrivatBank, Igor Kolomoisky, he will face trial at London’s High Court….
PrivatBank brings new $5.5 billion suit against its former owners
PrivatBank has recently issued a new claim in the Cypriot courts seeking damages of US$5.5 billion in respect of schemes bearing all the…
“Hybrid war” is being waged against the key management in PrivatBank – CEO
PrivatBank Chief Petr Krumphanzl says there is a “hybrid war” being waged against the bank’s key management, in comments to the FT. Krumphanzl…
PrivatBank’s head calls on Zelensky to stand behind lender’s rescue or risk capital flight
Ukraine is at risk of capital flight and a plummeting currency unless President Volodymyr Zelensky stands behind the clean-up of the country’s biggest…
SBU asked PrivatBank to stop filing new lawsuits against former owners
With PrivatBank’s new management pursuing hundreds of millions of dollars in claims against the bank’s former owners in London, Tel Aviv and Delaware,…
Fitch affirms 4 Ukrainian state-owned banks’ ratings
Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of JSC CB Privatbank (Privat), JSC State Savings Bank of Ukraine (Oschad), JSC…
