Funds to facilitate economic growth
The Cabinet of Ministers of Ukraine has resolved to recapitalize Oschadbank by 11 billion hryvnias, Prime-Minister of Ukraine Arseny Yatseniuk said today at the meeting of the Cabinet of Ministers of Ukraine, RBK-Ukraine (РБК-Україна) reports.
“The government passes a decision on making recapitalization of Oschadbank. Along with the NBU and IMF, we are increasing capital of Oschadbank by 11 billion hryvnias, and this money should be earmarked for economic development. This is the possibility of the government-owned bank to use the money for the Ukrainian economy”, - said Yatseniuk