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Nation    

Rada passes bill facilitating bank recapitalization and restructuring
Journal Staff Report

KIEV, Dec. 29 – Parliament, in the early hours of Monday morning, passed a bill on measures to facilitate the capitalization and restructuring of banks in Ukraine.

Bill No. 1564 was supported by 273 MPs.

"We propose that the bill allowing quick injections of money in banks and the Individuals' Deposit Guarantee Fund be immediately passed. Under current laws, these procedures could last for months," Ukrainian Prime Minister Arseniy Yatseniuk said regarding the bill, while presenting it to parliament.




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