Not even a year and a half has passed: how the state takes the system bank away from Friedman and Aven

[ad_1]

At the end of May, the Verkhovna Rada, on the second attempt, passed the second law, which should ensure the nationalization of “Sens Bank” (until December 1, 2022 – “Alfa Bank”) of Mykhailo Fridman and Piotr Aven.

“Sens” is the tenth bank in Ukraine by assets, serving almost 3 million of our citizens. The bank has a strong position in the retail market and was even one of the first intermediaries through which you can buy military bonds from Diya.

We recall how politicians and the regulator went towards nationalization, for which sanctions were introduced against the current owners of the bank, and we also reflect on why the state already has a fifth bank.

You can read more about how the nationalization of “Sens Bank” will take place in the EP article

“The law has been passed, Friedman’s bank will finally be nationalized. How will it be and what will the state get?”

Listen to the “Economic Chronicles” podcast on a convenient platform:

[ad_2]

Original Source Link