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                        THURSDAY, MARCH 28, 2024
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EBRD announces plan to buy 10-25% stake in Ukraine's Oschadbank
Journal Staff Report

KIEV, April 21 – The European Bank for Reconstruction and Development intends to buy a stake in state-owned Oschadbank in the amount of 10-25% depending on the price, and sell it in three or five years at one of the Ukrainian exchanges, EBRD Managing Director for Eastern Europe and the Caucasus Francis Malige has said.

"We are interested in buying 10-25% of shares. We plan to bring the bank to an exchange in three or five years or sell its minority stake to an investor… It would be better to bring it to one of the Ukrainian exchanges," he said in an interview with Novoye Vremia weekly.




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