The world Bank has approved the nationalization of PrivatBank

Всемирный банк одобрил национализацию ПриватБанка

The organization believes that it will benefit Ukraine.

The world Bank considers correct the decision of the government of Ukraine on the nationalization of PrivatBank. It is reported by Interfax Ukraine.

The statement said that this is an important step to preserve financial stability in Ukraine and to increase confidence in the banks. The world Bank insist on equal treatment to all banks in need of recapitalization.

“It will be critically important to appoint a professional Board and an independent Supervisory Board to effectively restructure Privat, to protect depositors and to minimize costs for taxpayers,” the report says.

Also the world Bank indicates that it will continue to support Ukraine in its efforts to implement reforms in the financial sector.

We will remind, on December 20 began an audit of PrivatBank.

The Nationalization Of PrivatBank

Privat has uploaded cash 7 thousands of ATMs

Ukrainians will pay for the nationalization of PrivatBank 5-7 thousand – Klimenko

Kolomoisky may be responsible for PrivatBank – danyluk

Began an audit of PrivatBank

The management Board and the Supervisory Board of PrivatBank will be formed 20 Dec – danyluk