I called “not very good” result of the nationalization of PrivatBank

The share of state banks after the nationalization of the country’s largest Bank “PrivatBank” amounted to 52% in terms of assets, and the government needs to develop in the near future an effective strategy for the elimination of the state monopoly in the sector. This was during a business forum in Kiev, said the head of the National Bank of Ukraine (NBU) Valeria Gontareva.

“52% of the banking sector is now state-owned, and it’s not a very good situation. Must be effective steps to break the monopoly of the state in the banking sector”, – said Gontareva.

Earlier it was reported that the Antimonopoly Committee examines state banks of Ukraine on the subject of the conspiracy.

Recall, February 20 three state banks – PrivatBank, Oschadbank and Ukrgasbank at the same time reduced interest rates on deposits. Two weeks before that, the head of PrivatBank Oleksandr Shlapak said that the banks planiruet “to negotiate on the questions of interest policy, and about the possible division of the market.”

As you know, after the nationalization of PrivatBank, more than half of the banking system of Ukraine belongs to the state. The Ministry of Finance and the NBU has repeatedly stated that this situation will be corrected and banks should move to the private sector.