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Privatization of Ukrgasbank and Sense Bank 'not realistic' this year, says NBU deputy governor

National Bank of Ukraine, 2018 (Photo by Julia Berezovska via WikiCommons, CCA 4.0)

The privatization of state-owned Ukrgasbank and Sense Bank is unlikely to happen this year due to the lengthy process involved, Kateryna Rozhkova, first deputy governor of the National Bank of Ukraine (NBU), said in an interview with Interfax-Ukraine.

"In my opinion, the privatization of the first state-owned banks is simply physically unrealistic this year, because it is a long process," Rozhkova said.

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