I called the approximate timing of the sale of “PrivatBank” and the potential new investor

Nationalized more than a month ago “PrivatBank” plans to sell in three to four years.

In an interview with ЛИГА.net said the Chairman of national Bank Valeria Gontareva.

“We discussed this issue with Finance Minister Alexander Danyluk. Should be first adopted a strategy for the management of the state banks. The old strategy, which we wrote with Natalia Yaresko (predecessor danyluk), after the nationalization of the “PrivatBank” is outdated. The state now controls 50% of the banking market. After you have adopted a joint strategy of state-owned banks, new management “PrivatBank” will develop a plan of action,” – said Gontareva.

The NBU noted that “there gathered a very strong team in the Supervisory Board – representatives of the state, the EBRD, the world Bank. There is no doubt that they will prepare a quality program. Today in “PrivatBank” a good balance. Low-quality credit portfolio fully reserved. If the former shareholders restructurizer it, the current level of capital is excessive, and the money will be returned to the state. The Bank really sell good for the state multiplier, but maybe it will have to spend 3-4 years. The EBRD has been invited to participate in the capital. Believe me, there will be success story (success story)”.

See also:

In “PrivatBank” has told, how many billions of hryvnia Ukrainians in panic removed from the accounts

Gontareva says that the balances of other state banks comply with regulations.

“We are for these banks (“Oschadbank” and “Ukreximbank”) very closely. Together with “Ukrgasbank” they were capitalized for a total amount of 34.6 billion starting in 2014. Their balance sheets fully comply. Now they pass the audit of the financial statements, including compliance with the 351, the NBU resolution (which tightened the rules for assessing credit risk of banks),” – said the head of the NBU.

We will remind, the Cabinet adopted a decision on recapitalization of “Oschadbank” and “Ukreximbank”.