“The Cabinet of Ministers of Ukraine decided to start preparing for the sale of shares belonging to the state in the authorized capital of JSC “Sens Bank” and JSC “Ukrgasbank”. The main purpose is to reduce the share of state property in the banking sector and raise funds from sale to the State Budget of Ukraine. The Ministry of Finance reports. Sale of shares will be held in accordance with the Law of Ukraine “On”, – WRITE ON: ua.news
The Cabinet of Ministers of Ukraine decided to start preparing for the sale of shares belonging to the state in the authorized capital of JSC “Sens Bank” and JSC “Ukrgasbank”. The main purpose is to reduce the share of state property in the banking sector and raise funds from sale to the State Budget of Ukraine.
The Ministry of Finance reports.
The sale of shares will be held in accordance with the Law of Ukraine “On the peculiarities of the sale of shares belonging to the state in the authorized capital of banks” and will include three main stages, including the preparation of a package of shares for sale, competition and conclusion of a contract of sale.
By the end of the autumn of 2025, the Ministry of Finance plans to announce a competition for the selection of an advisor that will accompany the sale of packages of shares of both banks.
On August 14, 2025, the Council of Financial Stability considered potential risks and confirmed that the sale of packages of shares “Sens of Bank” and “Ukrgasbank” would not have a negative impact on the stability of the banking system. Reducing the share of the state in the banking sector is one of the eight priority operational goals of the Ministry of Finance in the Government Program.
It is worth noting that the results of the first half of 2025 indicate that the banking system of Ukraine continued to grow and the trend has been preserved until its profitable work.
The consolidated profit of the banking system in the first quarter amounted to almost UAH 40 billion, and in the first half of 2025 – UAH 78 billion. From the consolidated profit of the banking system, 66% were the profit of state banks.
Of the 60 existing banks, the first half of 2025 was completed with only 12. At the same time, as in the first quarter, banks with a negative net interest income were not recorded.
The first candidates for sale are the state Ukrgasbank and the meaning of the bank. However, the privatization process will not take place this year.
We will remind, earlier the Deposit Guarantee Fund of Individuals I put on bidding Rights of requirements under credit agreements of JSC “Ukrbudinvestbank” with pledged real estate of the premium in the resort area “Arcadia” Odessa.
