The assets of the state-owned banks keep growing. This year, their share in the net assets of Ukraine’s banking system exceeds 55 percent, with Oschadbank, PrivatBank and Ukreximbank being the biggest market players. How did Ukrainian state-owned banks emerged and why did some of them later disappear? What do studies and global experience say about their benefits and risks? And, why should a country own banks anyway?
VoxUkraine: How Ukraine got its state-owned banks and why wants to sell them
A woman passes by a PrivatBank branch in Kyiv on July 18, 2019.
