The management of the nationalized Rodovid bank made a statement that from May 28, 2012 the bank has stopped serving all payment cards issued by the bank. This is due to the bank receiving the status of a sanctions bank, which makes appropriate changes to its activities, namely: the stop of all operations on emission activities and the service of payment cards, which will be blocked from May 28. The bank offers all its customers to close its card accounts, contacting the bank branches directly. From an earlier information source it is known that Rodovid Bank was capitalized back in mid -2009 with the help of state funds. But this did not help the bank overcome the crisis state and at the end of 2010 the problems with solvency worsened. At the end of March 2011, the National Bank of Ukraine, together with the Cabinet of Ministers, decides to repay debts on deposits of Rodovid Bank depositors. It was decided to do this through Oschadbank. In April of this year, the NBU chairman Sergei Arbuzov made an official statement that the bank would be created on the basis of the bank, the so -called «bad» assets. But this will affect only state banks. In this connection, Rodovid to the bank was proposed to stop emission activities and maintenance of payment cards, and the issued JSC Rodovid by the bank payment cards block. This statement of Arbuzova was announced by the preservation of the National Bank, it was published on the pages of a number of printed publications. This bank has been operating in the banking services market in Ukraine for more than twenty years. Ego founders were some businessmen working in the microelectronics market. The active development of this banking institution began in 2004 with a change in management and an increase in basic capital. The intensive development of this credit institution was the reason for the formation of significant gaps in liquidity, and the crisis only worsened the quality of the loan portfolio. The bank was forced to turn to the state for help in the form of a loan with an amount of more than two billion hryvnias. A temporary administration was introduced at the bank and a moratorium on the return of loans for a period of six months, which has been prolonged many times, was installed in the bank. Sergey Shcherbina, who is today one of the heads of the interim administration, is charged with a waste of 340 million hryvnias. The funds invested by the state in saving the bank amounted to more than 8 billion hryvnias.
