Investprivatbank's depositors urged to wait for cbank's decision
Investprivatbank's depositors, the license of which was recently withdrawn, are urged to wait for the decision of the National Bank of Moldova (BNM) to set its assets for sale. First deputy premier Igor Dodon told journalists on June 22 that “the protests are not a solution at this stage,” Info-Prim Neo reports.
According to Dodon, the bank may be sold for a symbolical price because of its debts. He declines rumors that the possible buyer would be known already, saying it will be appointed after an auction, but has not ruled out it may be a state structure.
The deputy premier says the failed bank's depositors will be contacted by the bank's liquidator and told what they might be willing to do next. Dodon says there are no risks that other Moldovan banks go bust.
Igor Dodon specifies the bank's license was withdrawn after it “plunged in more projects related to mortgage and constructions earlier this year,” and failed to stand up to its commitments.
The same was reiterated by BNM governor Leonid Talmaci. According to him, back on March 12, the BNM banned Investprivatbank to open new deposits and grant new loans. “The bank should have re-established the capital of its shareholders and return the overdue loans, but that did not happen,” Talmaci said.
The governor says the central bank offered Investprivatbank a loan of 85 million lei.