: :inin Kyiv (EET)

Ukraine nationalises country’s largest bank


Ukraine on Sunday nationalised the country’s biggest bank in a bid to avert a financial meltdown in the war-scarred former Soviet state. The government moved to take over PrivatBank after months of rumours that the lender was heavily burdened by bad debts.PrivatBank controls one-third of the east European country’s deposits and even has branches in …read more

Source: The New Age

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