Government approves updated strategy for reforming Ukraine's state-owned banks

The strategy provides for a reduction in the state share in the country's banking sector in the medium term from 55% to 24%.

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The government has approved an updated strategy for reforming the state banking sector in Ukraine.

The relevant decision was made at a government meeting on Wednesday.

Read alsoUkraine's banking system posts over US$901 mln loss in 2017According to Ukrainian Finance Minister Oleksandr Danyliuk, the strategy provides for a reduction in the state share in the banking sector of Ukraine in the medium term from 55% to 24%.

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