The Cabinet of Ministers of Ukraine officially announced the acquisition of Kolomoisky Privatbank
Privatbank, one of the owners of which is Dnepropetrovsk oligarch Igor Kolomoisky, becomes the property of the state, сообщается on the website of the Cabinet of Ministers of Ukraine.
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“The Cabinet of Ministers of Ukraine at a meeting on Sunday considered issues of ensuring stability in the country's financial system. Taking into account the results of the meeting of the National Security and Defense Council of Ukraine, the Government supported the proposal of the National Bank and the Financial Stability Council on the transfer of Privatbank PJSC to XNUMX% state ownership.
It is envisaged that the state, represented by the Ministry of Finance, will become the owner of 100% of the shares of PJSC Privatbank and guarantee the uninterrupted functioning of this institution and the preservation of the funds of its clients.
These actions are taking place in strict coordination with international financial organizations and with their support.
NBU Chairman Valeria Gontareva, who participated in the government meeting, and Finance Minister Alexander Danylyuk informed members of the Cabinet of Ministers that private shareholders of PrivatBank approached the government with a proposal that the state, in the interests of the bank’s clients, become its full owner.
The transition period begins on December 19. The state will ensure a smooth transition and stable operation of this institution in the usual manner for its clients. The Government proceeds from the fact that the responsible decision it made saved both Privatbank and the entire banking system,” the statement says.
It is also said that on Monday morning the Minister of Finance Alexander Danilyuk and the head of the National Bank Valeria Gontareva will talk about the details of the decisions made at a joint press conference. President of Ukraine Petro Poroshenko and Prime Minister Vladimir Groysman will make separate statements.
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