State becoming owner of 100% of shares of PrivatBank

State becoming owner of 100% of shares of PrivatBank

Ukraine's Cabinet of Ministers has decided that 100% of shares in PrivatBank would be transferred to ownership of the state.The state will guarantee stable operation of the bank and safe keeping of the clients' funds.This is done in clear coordination with international financial institutions and with their support," the government said.

After nationalization of "PrivatBank" all funds on current and deposit accounts of individuals and legal entities will be retained, and the bank will operate as normal. This is what was written on his page in Facebook by Director of Information technologies of "PryvatBank Dmytro Dubilet.