KIEV, Feb. 22 – Ukraine's Cabinet of Ministers has instructed the Finance Ministry to buy indexed government domestic loan bonds worth UAH 9.8 billion, or US$363 million, to complete additional capitalization of Dnipro-based PrivatBank, which was nationalized late in 2016, the government announced on its website.
The decision is stipulated in government resolution No. 89 dated February 22, 2017.
The Cabinet recalled that PrivatBank's capitalization was originally planned at UAH 116.8 billion, but its charter capital was increased by only UAH 107 billion.
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