First step in reforming state-owned banks should be change of corporate management

14:35, 08.02.2016 1 min read

The first step in reforming state-run banks should be the introduction of the principles of corporate management at the level of global practices, acting Deputy Governor of the National Bank of Ukraine (NBU) Kateryna Rozhkova has said.

"State-run banks should be business-oriented and operate in the conditions of unrestricted competition with highly professional and motivated managers," she said at a roundtable devoted to the strategy for developing state-run banks in Ukraine held in Kyiv on Monday.

In turn, economist of the World Bank Yevhen Hrebeniuk said that impendent supervisory councils should be crated in state-run banks.