National Bank Chairman Volodymyr Stelmakh said it is possible that Prominvestbank, one Ukraine’s largest banks, will be sold to Ukrainian or foreign strategic investors.
“It seems that bank had to become a national bank. But the question is whether there is money to nationalize it. If there is money, they are welcome to nationalize it,” Stelmakh said.
Stelmakh noted that the National Security and Defense Council discussed the situation at Prominvestbank at its meeting on Monday, but no decision on nationalization has been taken.
NBU’s chairman believes that now the Cabinet of Ministers has to analyze the availability of sufficient government resources for possible nationalization of the bank.
Currently, NBU is examining several options on Prominvestbank sale to potential investor, according to Stelmakh.
In late September, NBU allocated over $1 billion to support Prominvestbank’s liquidity. On Oct. 7 it introduced the temporary administration at the bank headed by Volodymyr Krotiuk.
