The head of NBU told when and what share of public banks sell
Over the next few years on the Ukrainian market will decrease the share of state banks. In the next two to four years there is a high probability of sale “Ukrgasbank”. Three of the state Bank are planning to sell partly at 20%.
This was told by acting Chairman of the national Bank Yakov Smoliy in an interview with the “Economic truth”.
“The national Bank is interested in the fact that the share of state sector in the banking system declined significantly, and to solve this problem is possible through the sale of banks or of entering into their capital investors. Our four state-owned banks (“PrivatBank”, “Oschadbank”, “Ukreximbank”, “Ukrgasbank”) are attractive assets because all of their problems with non-performing credit portfolio fully reserved, the banks have a large client base, highly qualified staff, good Commission income, are operationally profitable,” – said resin.
First can sell “Ukrgasbank”.
“And in relation to other state banks, during this time, perhaps the appearance of minority shareholders with a package of close to 20%. Many countries have successful experience of exit of the state banks on the IPO, but to achieve the maximum effect needed positive statistics for several periods, experience in the payment of dividends and improving corporate governance”, – said the head of the regulator.
Together with the Finance Ministry and international organizations, the NBU has prepared a draft law on corporate governance of state-owned banks, as well as working on the problem of the return of “dead” loans.
We will remind, the national Bank will replenish the state budget-2018 almost 48 billion UAH.