The arrival of a private investor are expected not earlier than 2020.
Public Privat is ready to partial entry of a private investor in 3-4 years. This was stated by Director of Department of financial stability, the NBU Vitaliy vavryshchuk, the press service of the regulator on his page in Facebook.
“Vitaly vavrischuk once again stressed the correctness and legality of state action, in terms of entry into the capital of the largest Bank and the procedures bail-in. It is estimated that partial entry into the Bank of a private investor PrivatBank will be ready in 3-4 years”, – stated in the message.
Vavrischuk also said that the cleaning process of the banking system has actually been completed, so please don’t expect the “fall” of large banks. However, ongoing verification of small financial institutions, which owns less than 2% of the assets of the entire banking system.
“Some of these banks may not cope with the demand for capital increase, but their proportion of the total market is small, so their potential removal from the market will not affect the stability of the banking system,” said vavrischuk.
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