Poroshenko pledges to sign bill on guaranteed deposits in state banks

Ukrainian President Petro Poroshenko has said a bill amending the Law of Ukraine "On Banks and Banking," which provides for state guarantees of individuals' deposits in the state-owned banks, would be signed, according to an UNIAN correspondent.

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"All possible risks that may be triggered by the enactment of the law on guaranteed deposits were calculated. The bill will be signed – I'm not going to veto it," the president said at a press conference on Sunday, May 14, on the occasion of the Day of Europe and EU visa waivers for Ukraine.

Read alsoPoroshenko enacts medium-term budget planningAs UNIAN reported, the Verkhovna Rada, Ukraine's parliament, on December 20 passed the draft law prepared by Poroshenko to amend the Law of Ukraine "On Banks and Banking."

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