Ukrainian central bank criticises lawmakers for failing to reform state-owned banks

Draft law aimed to protect country’s largest banks from ‘political impact’, NBU says

The National Bank of Ukraine
The National Bank of Ukraine
Photo: Oksana Parafeniuk

Ukraine’s central bank said it was “disappointed” with the country’s lawmakers for what it said was their failure to reform the governance of state-owned banks and protect them from political influence.

All of the three banks deemed “systemically important” by the central bank are state-owned and would have been affected by the law.

A draft law toughening the rules governing state-owned banks was dropped after failing to attract sufficient parliamentary support, the National Bank of Ukraine

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