Ukraine pushes for transparency on bank ownership
One bank closed and others warned of ‘enforcement measures’
The National Bank of Ukraine (NBU) has put one commercial bank into liquidation due to concerns about the transparency of its ownership, and is pushing 29 more to meet new standards.
A majority of Ukrainian banks now meet the new standards, the central bank said in a statement. It regards the structure of 85 Ukrainian banks, whose holdings amount to 97.21% of the banking system's total assets, as "transparent".
TK Credit PJSC had been placed in liquidation, the NBU says, due to "its opaque
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