Revenue is to be boosted by about $10 million from rentals or sales sale of surplus postal property

Revenue is to be boosted by about $10 million from rentals or sales sale of surplus postal property. In addition, Ukrposhta’s goal is to increase parcel handling in 2020 by 30-40%. If the Rada votes this winter to allow Ukrposhta to operate a European-style postal bank, Ukrposhta would start opening accounts this fall. Smilianskyi says this would earn the post office $85 million a year and draw into the banking system the one-third of the population that are ‘unbanked.”