The Cabinet of Ministers has endorsed the “Guidelines
of the strategic reform of the #state-owned_banks” which were elaborated to solve
the key issues hampering the effective work of the state-owned banks.
The document is aimed to reconfigure the principles
and mechanisms of corporate management at the state-owned banks and to build up
a management system for them which should be immune from political influence.
One of the key points of the Strategy is the adjustment
of the corporate management system to the OECD recommendations. This should
contribute to more stability in bank operations, improve banks’ performance and
result in their better assessment by potential investors.
According to Deputy Finance Minister of Ukraine Artem Shevaliov,
denationalization of small banks is planned till the end of 2017.
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