By early 2024, state banks own 53.6% of the net assets of the banking sector and maintain 64.5% of household funds.
The Verkhovna Rada adopted a law on the details of the sale of blocks of state-owned shares in the authorized capital of banks. Now it is possible to sell part of the shares of state banks. This was reported by MP Yaroslav Zheleznyak on Telegram on Thursday, September 19.
According to him, bill No. 11474 is generally supported by 260 deputies.
The law, in particular:
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expands the circle of potential investors whose sale the state is willing to consider;
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allowed the sale of any state shares in the bank (and not only 100% of state shares, as provided for in the current law);
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considering the possibility that only one possible investor can participate in the auction.
At the same time, Russians are not allowed to participate in privatization.
We remind you that there are six state banks in Ukraine: PrivatBank, Sberbank, Ukreximbank, Ukrgasbank, Sense Bank, First Investment Bank. Their share in the net assets of banks on July 1, 2024 was 56.6%.
Memoranda to the IMF suggest that two state-owned banks, Sense Bank and Ukrgasbank, will prepare for privatization.
As reported, the net profit after tax of Ukrainian banks for January-June 2024 reached 79 billion Hryvnia, which is 16.8% more than the same period last year.
In Ukraine, from August 1, one of the banknotes will be withdrawn from circulation
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.