Oleksandr Shlapak, a former finance minister and a PrivatBank veteran has been named to turn around the bank seen as 'too big to fail'
In biggest step of two-year bank cleanup, government moves on Privatbank; plan would inject new capital protect depositors and unlock latest IMF tranche.
So far, the weekend announcement that Ukraine was nationalizing PrivatBank has not led to a run on the nation's largest lender
Government will have 100% stake in Privatbank after takeover; Cabinet says shareholders asked government to step in
In spite of increased trade between Ukraine and the EU and signs of economic stability, foreign investment is still low in Ukraine
A Russian hacking group is responsible for recent cyber-attacks on Ukrainian financial institutions and government websites, according to Oleksandr Turchynov
Ukraine’s largest foreign financial investor has opened its second office outside Kyiv, in Kharkiv, the nation’s second largest city and a hotbed of IT entrepreneurship.