Ukraine's state banks set to coordinate their policy on finance market

12:38, 02.02.2017 1 min read

Heads of state-controlled Ukrainian banks will discuss at a meeting in Kyiv on Thursday how they will coordinate policy on the financial market, Chairman of the board of Ukraine's largest PrivatBank Oleksandr Shlapak has said.

"I'm sure we'll agree on such issues as interest rates and a certain division of the market," he said at a press conference at Interfax-Ukraine in Kyiv on Thursday.

After the nationalization of PrivatBank, Ukraine has got two savings banks, he said. While Oschadbank has worked more with the corporate sector, PrivatBank more actively provides services to private entrepreneurs, and small- and medium-sized businesses, and it is going to cement its positions in that segment.

"It's up to the state to decide what to do with two large savings banks in Ukraine," he added.