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  Sunday, October 20, 2019
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European Bank for Reconstruction and Development buy small holdings in Ukraine's largest banks
The National Bank of Ukraine is proposing that the European Bank for Reconstruction and Development (EBRD) buy small holdings in Ukraine's largest banks, if the banks' leaders agree. In making public its proposal, the central bank referred to a statement by its deputy chief, Arseny Yatsenyuk. Yatsenyuk spoke of the EBRD acquiring 10% of Ukraine's major banks, not including Ukraine Export-Import Bank and one other, privatization of which the central bank opposes. Yatsenyuk said the presence of the EBRD as an owner of Ukraine's big banks would raise the level of their transparency and improve the system of bank regulation.
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