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11:55
TYMOSHENKO SATISFIED WITH RODOVID BANK'S WORK UNDER STATE ADMINISTRATION

Kyiv, August 5 (Interfax-Ukraine) – Ukrainian Prime Minister Yulia Tymoshenko says she is satisfied with Kyiv-based Rodovid Bank's work under state administration.

"We have positive dynamics after the nationalization of the bank," she told reporters on Wednesday.

In her words, as of August 3, 2009, the bank started repaying deposits to clients.

Moreover, she said, governmental officials will receive their salaries through Rodovid Bank as of next month.

As reported, the government in June 2008 decided to capitalize three Ukrainian banks: Ukrgasbank (UAH 3.1 billion), Rodovid Bank (UAH 2.809 billion) and Bank Kyiv (UAH 3.565 billion), sending state domestic loan bonds worth the said sum to their statutory capitals. Thus, the state got a 99.97% stake in Rodovid Bank, a 99.94% stake in Bank Kyiv, and an 81.58% stake in Ukrgasbank.

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