The de-capitalization of “PrivatBank” will be gradual, – danyluk

Декапитализация "ПриватБанка" будет происходить поэтапно, - Данилюк

Privat

The de-capitalization of “PrivatBank” will occur in stages, the first tranche is expected in the 43 billion UAH. This was during the briefing, which was broadcast channel “112 Ukraine”, said Finance Minister Oleksandr danylyuk.

“The maximum amount of decapitalization would be 148 billion. Minimum amount – UAH 116.8 billion. The exact amount will be determined by the results of the audit to be conducted. We are now releasing the first tranche – 43. Will continue to move on the situation, simply no need just let the entire amount. All of these amounts provided in the budget, but just a step-by-step – so you have to do,” he said.

On 18 December, the government supported the proposal of the National Bank and the financial stability Board on the transition of the PJSC “PrivatBank” in the absolute state property. Provides that the state represented by the Ministry of Finance will become the owner of 100% shares of PJSC “PrivatBank” and ensures smooth functioning of the institution and preservation of the funds of its clients. The transition period will begin on December 19.

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