According to Finance Minister Alexander Danilyak, Privat's nationalization became a forced step of the government, as the banking structure was on the verge of bankruptcy. At the moment, the state's share in the management of the bank is 55 percent, but now a strategy is being prepared to exit this banking sector.

Within the next weeks, the strategy and mechanisms for its implementation will become known.

It is difficult to say the final price of Privat shares, because the market can significantly change it, make the forecast so far early. The entire process of selling shares will be transparent with the possibility of participation of international observers.

The final price will depend on the effectiveness of the management team and the quality of regulation of the banking sector.

As reported in "Ura-Inform", the NBU expects further capitalization of state-owned banks.