REUTERS
The share of state banks' assets in the total volume of assets of the Ukrainian banking system in the first half of the year increased by 4.2 percentage points, that is up to 55.6%, according to the website of the National Bank of Ukraine.
The share of assets of banks with foreign capital decreased by 3.2 pp, or to 31.7%. in 1H 2017, according to the report.
The central bank says the share of deposits of individuals in state-owned banks in January-June increased by 2.8 pp, to 62.3%, while in banks with foreign capital it fell by 1.6 pp, down to 24.8%.
As UNIAN reported earlier, the Ministry of Finance of Ukraine expects that the Cabinet approve in 2 to 3 months the updated strategy of state banks.
Read alsoNBU buys $44 mln in auction Aug 17Through the Ministry of Finance, the government owns four of Ukraine’s banks in terms of assets: PrivatBank, Oschadbank, Ukreximbank, and Ukrgazbank.
According to the government's strategy for reforming the state banking sector, approved in 2015, the privatization of Oschadbank and Ukreximbank is expected in mid-2018, that’s the government plans to sell 20% of shares of said financial institutions. As part of the strategy, the government intends to withdraw from the capital of Ukrgazbank partially or completely by the end of 2017.