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Ukraine central bank: banks behaving normally after PrivatBank takeover
December 19, 2016 / 12:56 PM / 9 months ago

Ukraine central bank: banks behaving normally after PrivatBank takeover

The headquarters of Ukrainian central bank is seen in central Kiev, Ukraine, March 3, 2016. REUTERS/Valentyn Ogirenko

KIEV (Reuters) - Ukrainian Deputy Central Bank Governor Yakiv Smolii said on Monday that he did not see higher-than-usual activity by clients of PrivatBank, adding that business was normal in the wider banking system.

Ukraine took over its largest lender, PrivatBank, in one of the biggest shake-ups of the war-torn country’s banking system since Ukraine plunged into economic and political turmoil more than two years ago.

Reporting by Natalia Zinets and Alexei Kalmykov; writing by Matthias Williams; editing by Louise Heavens

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