Govt orders state-owned banks to pay part of profits to state budget ahead of schedule

19:22, 04.03.2022 1 min read

The Cabinet of Ministers approved the basic standard for sending a share of profits by state-owned banks that goes to the state budget for the payment of dividends based on the results of 2021, and obliged banks to make the said payment ahead of schedule within March 4.

The decision was taken by the regulator at a meeting on March 3.

The share of the payment for Oschadbank is 30% of the profit of 2021, Ukreximbank – 50%, and PrivatBank – 80%.