Powerful oligarchs are exerting a “dangerous and destructive influence” over Ukraine’s central bank, undermining confidence in the economy and threatening plans to tackle corruption and privatise state-owned banks.
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Financial Times: Ukraine bank chief warns over ‘destructive influence’ of oligarchs
The main building of the National Bank of Ukraine in Kyiv. The NBU aims to clean up non-performing loans and reach a 20% ratio nationwide by 2025. The most immediate challenge is to mitigate the effect of the COVID‑19 crisis.
