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Finance & Banking 1 min read Source: Електронні Вісті

Cabinet approved the strategy of reforming state banks

Cabinet approved the strategy of reforming state banks
photo Електронні Вісті

The Cabinet of Ministers approves the strategy for reforming the public banking sector proposed by the Ministry of Finance.

The corresponding decision was made during a government meeting on September 2, the press service of the Ministry of Finance reports..

As a basis for strategic reforming of the banking sector, the state, in particular, plans to:.

implement strategies for each state bank; by 2025, reduce the state's share in the banking sector from 60% to 25%; reduce the share of non-performing assets on the balance sheets of state-owned banks; protect and support the implementation of corporate governance reform with a majority of independent members on the supervisory board, while ensuring the required level of accountability.

"

The system of state-owned banks includes PrivatBank, Ukreximbank, Ukrgasbank and Oschadbank. LIGABiznesInform informs about it.

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