NBU and the World Bank Framework Program of Cooperation for 2022–2025

have been discussed by Kyrylo Shevchenko and the World Bank Vice President, Anna Bjerde. During the meetings they have identified areas in which the World Bank can support reforms to the Ukrainian economy. This includes the regulation of the non-bank financial sector, efforts to reduce the banking system’s NPLs, and the progress of corporate governance reform and state-owned banks privatization. The discussion concluded with the importance of the privatization of state-owned banks with the introduction of good corporate governance practices.