Skip to content

Valeria Gontareva: The EBRD Backs Our Proposal to Encourage International Financial Institutions’ Participation in the Equity of State-Owned Banks

Within the framework of the World Economic Forum in Davos, Ukraine's President, Mr Petro Poroshenko, Governor of the National Bank of Ukraine, Ms Valeria Gontareva, and Minister of Finance of Ukraine, Ms Natalie Jaresko, met with the President of the European Bank for Reconstruction and Development (EBRD), Sir Suma Chakrabarti, and the Vice President of the EBRD, Mr Philip Bennett.

Mr Poroshenko said that the EBRD is the largest international financial investor in Ukraine and   expressed gratitude for the EBRD’s continuous and strong support for our country.

The NBU Governor is satisfied with the outcome of the meeting, which addressed a number of important issues for Ukraine. “The development strategy for state-owned banks, which we devised in close cooperation with the Ministry of Finance, provides for international financial institutions’ participation in the equity of state-owned banks to help these banks adopt international best corporate governance practices and implement their strategic development plans. The EBRD has fully supported our proposal and is set to embark on efforts in this regard in the near future,” said the NBU Governor.

Sir Suma Chakrabarti reaffirmed the EBRD’s commitment to remain a reliable partner of Ukraine and assist our country in implementing reforms, notably banking sector reforms.

The sides agreed to further intensify cooperation and jointly search for ways to strengthen Ukraine's banking sector.

Tags:

Tags:

Subscribe for notifications

Subscribe to news alerts