WoE Repairing Privatbank with Anna Samarina, CFO of Privatbank

WoE Repairing Privatbank with Anna Samarina, CFO of Privatbank

By bne IntelliNews July 5, 2019

Once Ukraine’s biggest commercial bank, the National Bank of Ukraine (NBU) nationalised Privatbank in December 2016 and poured money into a huge hole left in the balance sheet after the former owners drained it of cash.

A new team was installed in the now state-owned owned bank that are tasked with repairing the damage and getting it ready for privatisation sometime in 2022-23. The irony is that Privatbank actually has a very solid retail banking business, but as Privatbank CFO Anna Samarina explains to bne IntelliNews editor-in-chief Ben Aris there were two banks: one that did traditional banking business and another that was a “fraud machine.”

Ben Aris, editor-in-chief, bne IntelliNews

Anna Samarina, CFO of Privatbank         

WoE Repairing Privatbank with Anna Samarina, CFO of Privatbank bne Intellinews

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