The World Bank considers that the situation with PrivatBank will not affect Ukraine.
According to the organization, it will work in Ukraine’s favor.
The World Bank considers that the decision of Ukrainian government on the nationalization of PrivatBank was right, Interfax-Ukraine reports.
According to the statement, it is an important step to maintaining financial stability in Ukraine and gaining trust in banks. The World Bank insist on ensuring the equal attitude to all the banks, which need recapitalization.
“It will be critically important to appoint the professional management and independent supervisory board in order to effectively restructure PrivatBank, protect depositors and minimize expenses for taxpayers”, according to the message.
The World Bank states that it will support Ukraine in its pursuit to implement reforms in the financial sector.
It should be reminded that on December 20, PrivatBank’s audit started.
