KYIV, July 17 – The state's share in Ukraine's banking system is already very large, the International Monetary Fund (IMF) opposes its increase, Deputy Economy Minister Serhiy Sobolev said at the presentation of the Transparency International Ukraine and Ukrayinska Pravda project, an online platform "How to confiscate Russian assets in Ukraine?" in Kyiv.

"The IMF is very opposed to increasing this share - even in principle, even by 0.5% - there are such discussions that this prevents the private banking business from developing: simply because such dynamics make it more difficult to compete with the state, because the state is everywhere," Sobolev said.