“Privatization should help in the development of the competitive market and promote the efficiency of the banking system.”, – WRITE: www.unian.ua
Privatization should help in the development of the competitive market and promote the efficiency of the banking system.
Banks’ sale should reduce state share in the bank sector / photo ua.depositphotos.comThe Cabinet of Ministers has set the terms of privatization of the meaning of the bank and Ukrgasbank. The start of the procedure is scheduled for 2026.
This is stated in the project of the Cabinet of Ministers of Ukraine program. Document No. 14069 has already been registered in the Verkhovna Rada, but must yet be approved by Parliament.
According to the program, one of the main goals is to reduce the share of state in the banking sector. It is noted that privatization should assist in building a competitive market and contribute to improving the efficiency of Ukraine’s banking system.
The first step towards the preparation of the “meaning of the Bank” and “Ukrgasbank” will be the decision to approve the procedure for involving the advisor to sell the stock of financial institutions, which they plan to adopt this year.
Such an adviser will be selected on a competitive basis, and its task will be to support the agreement at all stages and to evaluate the assets of banks. Yes, the issue of involvement of the adviser should be resolved by October 31, 2026, after which the decision will be made to start the sale of financial institutions.
Thus, the start of privatization of banks falls in the second half of 2026.
The sale of “meaning bank” and “Ukrgasbank” – what is knownIn July 2023, the NBU made a decision to withdraw from the market “meaning of the bank” – the former “Alfa -Bank” and appealed to the government for its nationalization.
At the same time, the Ministry of Finance and the Deposit Guarantee Fund concluded a contract of purchase and sale of 100% of the “meaning of the bank”. As a result, the financial institution became the state of the state.
In August this year, the Government decided to sell the “meaning of the bank” and “Ukrgasbank”.
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