Ukrainian government may ban return of banks to their previous owners

This is one of the conditions submitted by the IMF
17:14, 22 November 2019

The Ukrainian government may prohibit the return of banks to their previous owners. The IMF submitted the respective condition. The Ekonomichna Pravda outlet reported that, quoting its own sources.   

The respective law or amendments to the active legal frameworks may be approved soon. The outlet's source informed that the respective initiatives are being developed.

The source did not point out any details; neither did the interlocutor in the Cabinet. "There's no such text so far", the source said.

Related: Ukraine should complete cooperation program with IMF by 2023, - Finance Minister

Ex-MP Serhiy Leshchenko reported that the IMF submitted the demand to make sure that Privatbank will not be de-nationalized by oligarch Ihor Kolomoysky; he is the bank's previous owner. 

"Passing this law by the IMF before the holidays that begin before the Catholic Christmas and, respectively, assigning money for Ukraine before the New Year is a question now. The Parliament has two session weeks this year, and the closing session day is December 20", Leshchenko posted on Telegram.

Related: Ukraine expects to receive IMF’s consent by the end of 2019

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