The NBU did not receive documents regarding the transfer of “Bank PIN” to Ukrposhta
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The National Bank did not receive the documents necessary to approve the change of owner in connection with the possible transfer of the “PIN of the Bank” to Ukrposhta.
This was reported by the National Bank in response to the EP’s request.
At the same time, the regulator clarified that the issue of whether it is necessary to agree with the NBU on the acquisition of a substantial stake in “PIN Bank” by Ukrposhta will be resolved “taking into account the method chosen by the government to execute the court decision” regarding the confiscation of the bank.
As previously reported, the state considers the possibility of transferring shares of the confiscated PINbank to the state Ukrposhta. According to the head of the National Agency for the Prevention of Corruption Oleksandr Novikov, the shares of the Russian PINbank (First Investment Bank) can be transferred to the authorized capital of Ukrposhta.
At the same time, while there is no final decision regarding the transfer of the bank to Ukrposhta, it is not clear how exactly the postal operator can receive its shares or manage them.
The regulator also commented on its attitude to such a potential transfer of the bank, because in fact it would mean the creation of another state-owned bank.
The NBU emphasizes that it supports the principles of strategic reform of the state banking sector, which, in particular, provide reduction of the state’s share and concentration in the banking system. In particular, the regulator refers to the Memorandum with the International Monetary Fund, according to which Ukraine’s decision must be consistent with the general strategy for reducing state ownership in the banking sector.
“Any decision that could potentially lead to an increase in the share of state ownership in the banking sector should be taken in consultation with IMF experts and strictly limited to matters related to national security decisions during martial law and the preservation of financial stability.” – said the NBU.
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