OREANDA-NEWS. On 31 March 2009 was announced, that the Cabinet of Ministers announced that the NBU had not yet submitted the list of banks pretending to be recapitalized by the government. Note that the list was to be prepared on 25 March 2009. Meanwhile such banks as Nadra Bank < NADR UZ N/R >, Rodovid Bank < RODB UZ N/R >, Ukrgasbank < UGZB UZ U/R >, Ukrprombank, Finance and Credit Bank and Imexbank announced about their willingness to sell 50%+1 share to the government.

Millennium Capital sees the main reason for the delay to be quite larger number of banks, willing to be recapitalized, and a limited amount of the government funds (expected UAH 44bn) assigned for bank’s recapitalization in 2009. According to Millennium Capital’s estimation the list of potential banks to be recapitalized currently accounts for at least 20 banks.

Millennium Capital is an integrated financial services provider. Established in 2000 by a group of professionals with solid background in securities and corporate finance, Millennium Capital is now one of the major investment banking institutions.