Ukrainian deputy governor warns government over failed bank

Any deal with former owners of PrivatBank could mean IMF halts aid, Rozhkova says

The National Bank of Ukraine
The National Bank of Ukraine
Oksana Parafeniuk

The International Monetary Fund is delaying a further bail-out for Ukraine due to concerns about the government’s handling of the banking sector, a senior central bank official said.

““The discussions with the IMF for the next funding tranche are frozen, stalled because of the issue of PrivatBank,” first deputy governor Kateryna Rozhkova told the news agency Reuters. PrivatBank is Ukraine’s largest commercial bank and was nationalised in December 2016 by the country’s then government on central

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