In the largest bank rescue in Ukraine’s history,

Wednesday, April 10, 2019
In the largest bank rescue in Ukraine’s history,

In the largest bank rescue in Ukraine’s history, the government contributed $5.5 billion to its equity and bailed in $1.1 billion of the bank’s liabilities, including $550 million in Eurobonds. Concorde Capital’s Alexander Paraschiy writes: “We do not believe in the prospect for any sizable compensation to Kolomoisky from the state for Privatbank’s alleged “expropriation,” even under a Zelenskiy presidency. At the same time, we do see a solid chance for Kolomoisky, who is among the holders of Privatbank Eurobonds, to secure recovery of the bonds that were bailed in.”

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
Setting an ambitious goal for air travel, the government wants to nearly quadruple air passengers in the 2020s, to 80 million in 2030

Setting an ambitious goal for air travel, the government wants to nearly quadruple air passengers in the 2020s, to 80 million in 2030

Next post
The World Bank reports that Ukrainians sent home last year $14.4 billion in wages, almost one third more than the $10.9 billion figure reported by the National Bank of Ukraine

The World Bank reports that Ukrainians sent home last year $14.4 billion in wages, almost one third more than the $10.9 billion figure reported by the National Bank of Ukraine

Previous Main Topics