The Verkhovna Rada of Ukraine has privatized Ukrainian state banks in parts.
On Thursday, September 19, 260 people’s deputies voted to adopt bill No. 11474 on the specifics of selling state-owned shares in the authorized capital of banks. Now it will be possible to sell part of the shares of state banks. People’s Deputy Yaroslav Zheleznyak reported this on Telegram.
The text of the draft law, published on the Verkhovna Rada website, notes that it expands the circle of potential investors to whom the state is willing to consider selling. The law also allows the sale of any state share in the bank (and not just 100% of the state’s shares, as stipulated in the current law).
In addition, the law takes into account the possibility that only one potential investor can participate in the auction. Russian citizens will not be allowed to participate in privatization.
As is known, there are six state-owned banks in Ukraine: PrivatBank, Oschadbank, Ukreximbank, Ukrgasbank, Smysl Bank, and First Investment Bank. Their share in the net assets of banks as of July 1, 2024 is 56.6%.
Let us recall that on September 17, the Verkhovna Rada approved in general the draft law No. 6490-d on rebooting customs. The draft law provides for a transparent competition for the head of the State Customs Service, his political independence, recertification of all employees, salary increases, etc.
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Source: Racurs
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