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Volodymyr Groysman about participation of the state in the capital of PrivatBank: We made this choice as we consider it fair to the citizens
05.01.2017 | 11:32

Participation of the state in capital of PJSC PrivatBank has been a necessary measure, but it was honest with regards to Ukrainian citizens. Prime Minister of Ukraine Volodymyr Groysman said in an interview with Ukrinform news agency.

"We made this choice, but we had to do this as it is fair to the Ukrainian citizens. I will not make political evaluations. What was important for me as the Prime Minister? Only one thing – twenty million people. That’s all. Twenty million people who have accounts there, financial resources, credit cards, etc. I was motivated by the desire to protect these people," explained the Head of Government, responding to a question about how he assesses the decision on the nationalization of PrivatBank.

Today, the Bank is soundly managed, and the situation in it has stabilized, said Volodymyr Groysman.

"What have we done? We made the decision to transfer the Bank into state ownership, we increased its capital. We have now appointed new management. I think that Oleksandr Shlapak, a former Finance Minister, is a highly skilled and responsible professional. That is, the Bank from the point of view of its management, is in the hands of professional staff with brain and experience. The Bank has stabilized, the situation is normal. Today the law guarantees the return of deposits to physical persons - depositors of the Bank. The Bank's management has the objective – to develop the Bank, make it more successful. And I am fully satisfied with that," he noted.


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