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Exclusive: Ukraine’s central bank chief says 2 state-owned banks have 'good chance' of being privatized by year-end (opens original article in a new tab)

TL;DR

Ukraine's central bank chief states two state-owned banks have a good chance of privatization by year-end as part of an ambitious strategy to reduce inefficiency and meet EU standards, with external advisors involved in the process.

  • Ukraine's central bank chief says two state-owned banks have a 'good chance' of being privatized by year-end
  • The government plans to adopt an 'ambitious strategy' for state-owned banks to reduce inefficiency and meet EU standards
  • Privatization of Sense Bank and Ukrgazbank will involve external advisors to strengthen the process
  • Large investors show interest in privatizing PrivatBank and OschadBank, but they are unlikely to be privatized by 2026

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