Chernihiv Polycombank, which is headed by Mykola Tarasovets, is on the 56th step out of 63 in the rating of the National Bank of Ukraine and is currently being prepared for liquidation. As a result, depositors and public sector employees will be the first to suffer, as they will find themselves without access to their funds due to the withdrawal of capital and the disappearance of collateral.
The bank as a family business tool
Polikombank was established in 1990 to serve the business of the Tarasovtsy family, in particular the construction company "Osnova-bud-7", owned by Mykola Tarasovtsy's son, Yury. After the creation of the bank, Mykola Tarasovets established close relations with the local authorities, which allowed him to buy up profitable land plots in Chernihiv and build housing on them.
Tarasovets Sr. also held the post of chairman of the Commission on Management and Disposal of Communal Property Objects of the Chernihiv Regional Council and was a deputy, which gave him additional opportunities to influence processes in the region.
Unfinished projects and problems with objects
One of the largest projects of the company "Osnova-bud-7" is an elite 16-story building at Kyivska Street, 7, which does not yet have electricity, heating and gas, despite the fact that all apartments have been sold. The residents of this building are forced to ask the authorities to finance the installation of electricity.
At another facility of the company, in the "Masany" microdistrict on the street Independence, "Osnova-bud-7" demanded additional payment from buyers for already purchased housing. At the third location, the "Olexandrivskyi" residential complex, the Tarasovites sold all the apartments, although the houses were not actually built, they were partially destroyed as a result of shelling by the Russian Federation. Tarasov residents again demanded additional payment from buyers.
Financial difficulties
The National Bank of Ukraine required Policombank to recapitalize and secure loans with liquid collateral. However, the Tarasov residents do not have the opportunity to recapitalize, and the mortgages, as before, are unfinished, which complicates the situation.
In the event of the liquidation of Policombank, state employees and regular depositors will be the first to suffer. Payments from the Deposit Guarantee Fund are only partially compensated, and you can wait years to receive them until the liquidation procedure is completed.
