KIEV, Dec. 21 – The Finance Ministry believes that it is appropriate to sell at least 25% of shares in state-owned Oschadbank and Ukreximbank by the end of 2019, Deputy Finance Minister Artem Shevalev said.

"In the medium term outlook the state will remain the majority owner," he said in an interview with the Ekonomichna Pravda publication.

He said that in the past two months the reform strategy for the state-run banking sector was updated. The document will consist of two sections: the public and confidential.