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Head of the Board of the nationalized PrivatBank Oleksandr Shlapak has fulfilled the tasks of stabilizing the situation in the bank and conducting an audit of its financial condition, therefore he plans to complete his anti-crisis cadenza at the post, according to the bank's press service.
"Chairman of the Board continues to manage the bank. However, he has already submitted the relevant letter [of resignation] to the Supervisory Board, which can be considered at the next meeting in late July," the press service told an UNIAN correspondent.
Read alsoKolomoisky issues comment on PrivatBank nationalizationAs reported, the bank's financial statements had been audited in accordance with international standards and based on the audit results, the government decided to increase the capital of PrivatBank for another UAH 38.565 billion, or about US$1.5 billion.