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

Ukraine central bank: banks behaving normally after PrivatBank takeover

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.

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

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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