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8 months ago
Ukraine finance minister says PrivatBank depositors' money safe
December 18, 2016 / 11:43 PM / 8 months ago

Ukraine finance minister says PrivatBank depositors' money safe

KIEV, Dec 19 (Reuters) - Ukraine's Finance Minister Oleksandr Danylyuk said on Monday that the money of depositors at PrivatBank, the country's largest lender, was safe and secured by the state, and that the bank was working normally.

Danylyuk made the comments on Facebook after the government announced a decision to nationalise PrivatBank, which is part-owned by one of Ukraine's richest and most powerful businessmen.

Reporting by Natalia Zinets; writing by Matthias Williams

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