KYIV, Jan 16 – The Cabinet of Ministers seeks to review the strategy of state-owned banks for quick reduction of the state-owned stakes in these banks and the share of non-performing loans (NPL), Ukrainian Finance Minister Oksana Markarova said.
"In the public financial sector, we will revise our strategy for public banking. We will make it more ambitious, as we go more rapidly to reduce the state's share in this sector. We want to quickly find effective owners or international partners for state-owned banks. 2020 will be the year when we will finally, actively and effectively resolve the legacy problem for non-performing loans in state-run banks," Markarova said, speaking at the presentation of the Strategy of Ukrainian Financial Sector Development until 2025 held in Kyiv.
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