The state will invest in Private more than one hundred billion

Государство вложит в Приват более ста миллиардов

The Finance Ministry said that PrivatBank under state protection

The amount ranges from 116 to 148 billion.

At a press conference on the nationalization of PrivatBank, Finance Minister Alexander danyluk said that the national Bank offered the Ministry of Finance to give 116 billion UAH for additional capitalization.

According to danyluk, all amounts have been budgeted in the draft budget.

“The maximum amount of capital increase – 148 billion hryvnia,” – said the Minister of Finance.

Valeria Gontareva added that all depositors are protected 100% by the state.

Branches of the Bank can be serviced by all financial institutions of the country without restrictions. The cash was taken to the ATM in advance.

“Today is a very good day to all of our investors”, – said the head of the NBU.

PrivatBank in temporary administration work.

Earlier in social networks has asked the Finance Minister what will happen to the hryvnia exchange rate after such a big “zapechatyvanie” money.

We will remind, in the evening of 18 December, it was announced the nationalization of PrivatBank. The transition period will begin on December 19.