The privatization of state-owned Ukrgasbank and Sense Bank is unlikely to happen this year due to the lengthy process involved, Kateryna Rozhkova, first deputy governor of the National Bank of Ukraine (NBU), said in an interview with Interfax-Ukraine.
"In my opinion, the privatization of the first state-owned banks is simply physically unrealistic this year, because it is a long process," Rozhkova said.
Ukraine aims to align its banking and insurance sectors with European Union regulations by 2028 as part of its bid to join the bloc, despite the challenges posed by Russia's ongoing invasion, National Bank of Ukraine Governor Andriy Pyshnyi told Reuters in an interview. Ukraine's banking
Ukraine's finance ministry and Switzerland's State Secretariat for Economic Affairs (SECO) have signed a memorandum of understanding to launch the Fiscal Governance for Local Reconstruction and Recovery (FG4R) project. The four-year initiative aims to strengthen public financial management at national and local levels to support
Ukraine's Economy Ministry is preparing an official request to the European Commission to start formal talks on postponing the introduction of the Carbon Border Adjustment Mechanism (CBAM) for the war-torn country, The Odessa Journal reported on Wednesday, citing Ukraine's Deputy Minister of Economy and Trade
Ukraine's governmental commissioner for Public Debt Management, Yuriy Butsa, told investors in London last week that Kyiv is in no rush to restructure its debt linked to economic growth or so-called GDP warrants, Reuters reported on Friday, citing unnamed sources familiar with the matter.
