The changes to the legislation were supported by 249 elected representatives.
Today, September 5, the Verkhovna Rada adopted in the first reading bill No. 11474 on the specifics of the privatization of state banks. The document was supported by 249 deputies.
This was reported by the People's Deputy of the “Golos” faction Yaroslav Zheleznyak.
“This is a requirement of the World Bank, so the law should be adopted in two readings already in September,” he wrote.
On August 29, the parliamentary committee on finance, tax and customs policy recommended adopting the bill on the specifics of selling state-owned shares in the authorized capital of banks in the first reading.
In particular, the bill provides for:
- expansion of the circle of potential investors to whom the state is willing to consider selling
- permission to sell any state share in the bank (and not just 100% of the state shares, as provided for in the current law)
- increasing the requirements for legal entities that can be engaged by the state as financial advisers on sales
- involving international donors in the procedure for selecting financial advisers on the sale and the procedure for the sale itself
- updating the rules for determining the price and holding an auction in accordance with the recommendations of the World Bank
- requirements for the sale and purchase agreement in accordance with market practices
- prevention of negative impact on the sales procedure (for example, stopping sales) from the former beneficial owners or current minority shareholders
Earlier it became known that privatization of Sens Bank and Ukrgasbank, which are systemically important state banks.