The new strategy of development of state banks will eliminate the need in their further recapitalization, IMF Resident Representative in Ukraine Goesta Ljungman stated in comments to ET.
“The new strategy of development of the state banking sector opens way to the recovered banking system, which is mainly concentrated in the private sector”, Ljungman said.
“IMF welcomes approval of this strategy, which will stimulate the sustainable economic growth and will ensure safe and weighted growth of state banks, eliminating the need in their future recapitalization”, IMF representative added.
It should be reminded that last week, the Cabinet of Ministers approved the strategy of development of the state banking sector by 2022.
