Categories: economy

Gontareva told about the tasks that needs to perform her successor

According to her, it is advisable to sell PrivatBank multiple investors.

The NBU plans to reduce the state’s stake in the banking sector from the current 50% to 30% in five years.

About this in Washington said national Bank Chairman Valery Gontareva, which in may plans to leave his post.

– We understand the importance of updating the strategy of development of state banks. Now at the current size of their market share competition in the banking sector is unhealthy, – said Valeria Gontareva.

For this, according to her, banks are required to specialization and to develop appropriate business models. So, PrivatBank have to focus on retail activities and to work with the population, small and medium business. If the Bank goes this way, in five years it can be sold to a strategic investor, or he can spend IPO.

In her words, it is desirable to sell the Bank to multiple investors.

– Dangerous, if the Bank buys a single strategic investor, as it will again be a monopoly, – said Valeria Gontareva, noting that our country doesn’t need a new monopoly with 33% of deposits and 50% of transactions with one Bank.

– Now we offer the EBRD, IFC and other international financial institutions to enter the capital of PrivatBank is to acquire, for example, about 20-25% of shares, – said the head of the national Bank.

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