Chakrabarti and Poroshenko met on the sidelines of the World Economic Forum in Davos, Switzerland, on Tuesday, January 17, it said.

They in particular discussed the reform of the banking sector.

The EBRD head highly evaluated the Ukrainian authorities' operation to nationalize the country's No. 1 bank, PrivatBank.

Read alsoNBU provides PrivatBank with another UAH 10 bln loanChakrabarti confirmed the EBRD would continue providing expert assistance to Ukraine in that bank's reorganization.

Further, the sides discussed prospects for cooperation and implementation of investment projects supported by the EBRD.

Read alsoNaftogaz buys 1.8 bcm of gas from European suppliers by means of EBRD loanPoroshenko said he hoped that the EBRD would allocate more financial resources for its operations in Ukraine in 2017.

The Ukrainian president also noted the key role of the EBRD as the administrator of the Chornobyl Shelter Fund and the Nuclear Safety Account. The sides agreed on further cooperation in that area.