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RESOLUTION OF THE CABINET OF MINISTERS OF UKRAINE

of July 21, 2023 No. 739

About participation of the state in conclusion of systemically important bank from the market

According to Item 23 of the Section X "Final and transitional provisions" of the Law of Ukraine "About system of guaranteeing household deposits", based on the offer of National Bank on participation of the state in conclusion of systemically important Bank of SENS BANK Joint-stock company from the market, in connection with application of sanctions against owners of essential participation in bank, and also taking into account need of ensuring banking system stability and protection of the rights and interests of investors and other creditors of the Cabinet of Ministers of Ukraine bank decides:

1. Accept the offer of National Bank on participation of the state on behalf of the Ministry of Finance in conclusion from the market it is system important Bank of SENS BANK Joint-stock company (further - JSC SENS BANK) the method determined by Item 5 parts two of article 39 of the Law of Ukraine "About system of guaranteeing household deposits".

2. Take into consideration that:

the state on behalf of the Ministry of Finance acquires at Fund of guaranteeing household deposits shares of JSC SENS BANK in full for one hryvnia;

governing body of corporate laws according to the stocks of JSC SENS BANK owned by the state is the Ministry of Finance.

3. Agree with the offer of the Ministry of Finance concerning determination of "National Export-import Bank of Ukraine" joint-stock company (code according to EGRPOU 00032112) depository institution in which the account in securities addressed to the state to which share rights of JSC SENS BANK will be enlisted/are transferred is opened.

4. To the Ministry of Finance:

provide the conclusion of the purchase and sale agreement of shares of JSC SENS BANK for accomplishment of paragraph two of Item 2 of this resolution. To perform expenses on acquisition of the specified shares at the expense of the means provided to the Ministry of Finance in the Government budget on its content;

provide payment of cost of the specified shares after their transfer into the account in securities of the state in the depository institution determined in Item 3 of this resolution.

Prime Minister of Ukraine

D. Shmygal

 

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