EBRD to support the pre-privatisation of Ukraine’s Oschadbank

EBRD to support the pre-privatisation of Ukraine’s Oschadbank

October 25, 2021

On 22 October, the European Bank for Reconstruction and Development (EBRD) and Oschadbank (Ukraine’s state savings bank), have agreed to work together towards a pre-privatisation engagement that will help commercialise this bank, improve its corporate governance and attract a robust investor.

The step is in line with the development strategy of Oschadbank for the period of 2021-2024 and the government’s Principles of Strategic Reform of the Banking Sector. These include reducing the state’s share in the banking sector from 60% to 25% by 2025.

As part of its engagement with Oschadbank, the EBRD expects that the lender will join the country’s Deposit Guarantee Fund. This step will further level the playing field in the banking sector and promote fair conditions for the privatisation process.

Find out more

Press release

Interested in the latest news and opportunities?

This website is managed by the EU-funded Regional Communication Programme for the Eastern Neighbourhood ('EU NEIGHBOURS east’), which complements and supports the communication of the Delegations of the European Union in the Eastern partner countries, and works under the guidance of the European Commission’s Directorate-General for Neighbourhood Policy and Enlargement Negotiations, and the European External Action Service. EU NEIGHBOURS east is implemented by a B&S Europe-led consortium. It is part of the larger Neighbourhood Communication Programme (2020-2024) for the EU's Eastern and Southern Neighbourhood, which also includes 'EU NEIGHBOURS south’ project that runs the EU Neighbours portal.

The information on this site is subject to a Disclaimer and Protection of personal data.
© European Union,