Nadra Bank

Nadra Bank
Public Joint-Stock Company
Industry banking, investment
Founded October 26, 1993
Defunct 4 June 2015
Headquarters Kiev, Ukraine
Services Financial services
Owner Group DF (90%)
Grenar Enterprises Ltd. (10%)
Website nadrabank.ua

Nadra Bank (Ukrainian: Надра Банк) was one of the largest commercial bank in Ukraine. Was founded in October 1993, has its headquarters in Kiev. The Bank ranks among the largest banks in its category according to the classification of the National Bank of Ukraine. The bank operates a network of 543 outlets throughout Ukraine.

Nadra Bank is one of the three of top-20 Ukrainian banks which went into receivership during the downturn of 2008–09. Temporary administration at Nadra Bank (introduced in February 2009), was withdrawn in August 2011 with a new strategic investor, Dmytro Firtash, acquiring an 89.97% stake and injecting ₴ 3.5bn ($440m) of capital. The government did not participate in recapitalizing Nadra.[1]

The bank was declared insolvent in February 2015.[2] On 4 June 2015 the National Bank of Ukraine revoked its bank licence and liquidated the bank.[3]

See also

References

  1. ↑ Nadra Bank (NADR) Dragon Capital
  2. ↑ David M. Herszenhorn (February 13, 2015). "Even if Cease-Fire Holds, Money Woes Will Test Kiev". The New York Times. Retrieved February 14, 2015.
  3. ↑ NBU decides to liquidate Bank Nadra, Interfax-Ukraine (5 June 2015)


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