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GISMETEO.RU
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Ukraine to cut state’s share in banking sector to 25% from 60%
Journal Staff Report

KYIV, Sept 4 - The Cabinet of Ministers updated the principles of strategic reform of state-owned banks, which envisage reducing the state's share in the banking sector from 60% to 25% by 2025 through partial or full privatization of each of the four state-owned banks.

According to the text of the corresponding document, posted on the website of the Ministry of Finance, the state plans to find a minority investor for Ukeximbank with potential privatization in the long term.




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