The state will partially get rid of banks – NBU

In Ukraine in the coming years will decrease the share of state sector in the banking system. This was stated by the acting head of the National Bank of Ukraine (NBU) Yakov Smoliy in an interview with the “Economic truth”.

“The national Bank is interested in the fact that the share of state sector in the banking system declined significantly, and to solve this problem is possible by sale of the banks or of entering into their capital investors,” he said.

Smoliy assured that the four state banks in Ukraine are attractive assets. “After all, their problems with non-performing credit portfolio fully reserved, the banks have a large client base, highly qualified staff, good fee income, is operationally profitable,” – said resin.

According to him, in the next 2 – 4 years there is a high probability the sale of UGB.

“And in relation to other state banks, during this time, perhaps the appearance of minority shareholders with a package of close to 20%. Many countries have successful experience of exit of the state banks on the IPO, but for maximum effect you need positive statistics for several periods, experience in the payment of dividends and improving corporate governance”, he said.

Resin added that together with the Ministry of Finance and international organizations, the NBU has prepared a draft law on corporate governance of state banks, as well as working on the recovery of non-performing loans.

We will remind, earlier Deputy head of the NBU Ekaterina Rozhkova said that the state banks of Ukraine for today, do not need capitalization, the quality of corporate governance and working with distressed debtors.