Politicians and courts put pressure on Ukrainian central bank

National Bank of Ukraine alleges “coercion” by courts as former owner of failed lender returns

Yakiv Smolii
NBU governor Yakiv Smolii

Ukraine’s central bank is fighting several legal battles and facing strong political pressure over its role in nationalising the country’s largest domestic lender.

PrivatBank was nationalised by Ukraine’s government in December 2016 after the National Bank of Ukraine reported that its supervisors had found massive fraud at the bank. The NBU’s then-governor, Valeria Gontareva, told Central Banking that the bank’s owners had looted its assets. A forensic audit commissioned by the NBU strongly

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.