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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
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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