19. 12. 2016
From today the process of nationalization of one of the largest Ukrainian banks – Privatbank begins. This decision was made yesterday at a meeting of the Ukrainian government. Now 100% of its shares will be owned by the state, namely the Ministry of Finance.
Valeria Gontareva, the Chairman of the National Bank of Ukraine, during the press conference said that Privatbank was declared insolvent. Gontareva added that the nationalization of this financial institution would ensure the stability of the entire banking system. In addition, the head of the National Bank pointed out that the shareholders of PrivatBank asked about nationalization.
Finance Minister Alexander Danyluk has promised that the change in ownership would not affect the quality and range of services rendered by the bank. Money of the savers will be in complete safety.
We remind that the major shareholders of the nationalized bank were Igor Kolomoisky and Gennady Bogolyubov.