NBU and EBRD Discuss New IMF Program and Bank Privatization

A meeting took place in Washington between the National Bank of Ukraine and representatives of the European Bank for Reconstruction and Development (EBRD). The mood at the meeting was positive, and many important topics were discussed, ranging from the macroeconomic situation to the privatization of state banks. The main point is that the Ukrainian banking system, despite the challenges, maintains stability. This is very important in the context of a full-scale war.

Discussions with the EBRD also concerned the continued support for the development of capital markets and legislative regulation in this sector. Another key topic was the privatization of state banks and reforms in corporate governance. It seems our bankers have much to discuss with their European colleagues.