Government to allocate another UAH 11 bln for Oschadbank

The Ukrainian government has decided to conduct additional capitalization of Oschadbank for UAH 11 billion.
Ukrainian Prime Minister Arseniy Yatseniuk said this, while opening a government meeting on Wednesday, a Ukrinform correspondent reported.
“The government is making the decision on additional capitalization of the key state bank – Oschadbank. Together with the National Bank and the International Monetary Fund, we are increasing its capital by UAH 11 billion,” Yatseniuk said.
As reported, in January-October 2014, Oschadbank attracted about UAH 20 billion in NBU refinancing.

Avatar photo

News and Summaries

Submit a Comment

Your email address will not be published.

Share This

Share this post with your friends!