OJSB ‘UkrGasBank’ is a constant participant of the Fund of guaranteeing deposits of individuals (hereinafter called the Fund).
The Fund supports deposits of citizens placed with participant banks (temporary participants) in national and foreign currency including interest on deposits but no more than UAH15,000 for deposits with each bank on the day when those are unattainable. Deposits up to UAH1 are not repaid.
The Fund supports the following deposits: cash/non-cash funds in national and foreign currency placed by depositor on contractual conditions for a certain term or non-term deposit on registered accounts of participant bank (temporary participant) or attracted by the bank as an issue of registered savings (deposit) certificates.
The Fund doesn’t support deposits placed on individuals’ accounts – businessmen and used for carrying out business activity.
The Fund doesn’t provide support for:
1) the Supervisory Board, the Board of Directors, revision committee of the Bank, when deposits are unattainable;
2) independent auditors (audit providing organizations) who were conducting auditing for the last 3 years;
3) shareholders whose share exceeds 10% of share capital;
4) third persons acting on behalf of depositor (see 1,2,3)
5) depositors who receive privileged interests on individual basis and have financial privileges causing let-down of the bank financial results;
6) depositors who were not identified by liquidity committee;
7) depositors who use its deposits to conduct business activity;
8) depositors whose deposits were placed in participant bank (temporary participant) of the Fund;
9) depositors of the banks – temporary participants, the deposits in which were placed after a bank had become temporary one.
Only heirs-at-law have the right to a deposit. If person is not able to receive repayment it can fulfill an authorized person relying on certain legal documents.
Guaranteed sum on deposits that owes under age person can be paid to other persons (parents, tutors, guardians etc) according to certain legal documents.
The Fund pays compansation of guaranteed sum during 3 years on the day of appointment of participant bank (temporary participant).
In case of the bank (temporary participant) liquidation you can get to know about repayment due to mass media.
For more information about the system of supporting deposits of individuals please refer to the Guarantee Fund or to the participant bank. Twice a year the Fund publishes in official mass media the register of participant banks (temporary participants) of the Fund.