After the nationalization of Privatbank, the state from the participant in the banking market turned into a monopolist, which entails huge losses for the state budget, writes in his article for ZN. UA bank expert Vadim Sirota.

According to him, today the state controls 52% of assets, 60% of physical deposits and 49% of legal entities. The share of active payment cards serviced by state banks, at the same time, reached 74%.

According to Sirota, having issued OVDP for additional capitalization of Privat for 116 billion UAH, the state actually "drew" funds for investments in one banking institution equivalent to 81% of the total capital of the entire banking system of Ukraine as of December 1, 2016.

At the same time, in February and March of this year, the capitalization of Oschadbank and Ukreximbank in total amounted to UAH 16.6 billion.

The author notes that the formed state monopoly is deeply unprofitable.

"Recall that the amount of loss of three state-owned banks (Oschadbank, Ukreximbank and Ukrgasbank) in 2014-2015. Accounted for about 40% of the total loss of the banking system. It would seem that the peak of the crisis is over, losses are fixed, reserves are formed - and these state banks reduced the loss by UAH 21.4 billion (by 82% of the loss in 2015). But then the nationalization of Privat - and the NBU complained that this bank caused a record loss-making rate of the banking system of Ukraine in 2016. , Generating 80% of these losses in the amount of 135.3 billion USD, "he points out..

The orphan, at the same time, points out that in the Financial Stability Report, released in June 2016, the NBU estimated the amount of government spending on capitalization of state-owned banks (for the period from 2008 to the first quarter of 2016. ) In 88.5 billion UAH, or $ 8.7 billion for the current exchange rate at the time of capitalization.

"Given Privatbank and the latest injections into Oschad and Ukrexim, it turns out that the amount of costs has come close to $ 14 billion. ", He concluded..