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                        FRIDAY, APRIL 26, 2024
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Finance ministry suggests selling Ukrgasbank, PrivatBank
Journal Staff Report

KYIV, Feb 22 – The Finance Ministry suggested selling sell Ukrgasbank and PrivatBank, the two major banks that had been bailed out by the government, as part of efforts to reduce state ownership in the sector.

The government seeks to reduce the share of the state presence in the banking sector from 55% of total assets as of late 2017 to 24% in the medium-term.




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