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Sale of Oschadbank possible only after the war – Chairman of the Board

The head of Oschadbank, Sergei Naumov, assessed the prospects for the bank's privatization. In an interview with RBC-Ukraine, he said that this could only happen after the war.

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“If we evaluate the state-owned banking assets, then, of course, Ukrgasbank and Sens Bank could be the first to be sold. They are more prepared for potential sales,” Naumov said.

As for Oschadbank, Naumov believes that its sale may take place “no earlier than the end of martial law.”

As Naumov noted, Ukraine has made commitments to the IMF and understands that most state-owned banks do not contribute to competition in the banking market.

There are currently six state-owned banks in Ukraine. Their share in the net assets of banks as of June 1, 2024 is 53.4%. Oschadbank’s share is 12.7%.

minfin.com.ua

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