Tymoshenko told whom and as will recapitalize

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The prime minister Yulia Timoshenko declared that the Cabinet of Ministers approved the list from seven banks which are subject to recapitalization, on what the government needs 3-4 weeks.

She told about it on a press - conferences on Friday in Kiev after an emergency meeting of Cabinet of Ministers, reports "Interfax - Ukraine".

Tymoshenko noted that the government will allocate funds to banks after the situation analysis in them and the approval of the program of improvement of bank.

"According to optimistical forecasts, on all procedures which need to be carried out for recapitalization, 3-4 weeks are necessary", - the prime minister told.

She noted that the list consists of banks "Nadra", "Rodovidbank", "Imeksbank", bank "Kiev", "Ukrprombank", "Ukrgazbank", Finance and Credit bank.

Tymoshenko informed that according to the decision, the part of the state after recapitalization will make in "Rodovidbank" 99%, "Nadr" - 91,8%, "Imeksbank" - 75% + 1 action, Kiev bank - 99%, "Ukrprombank" - 99%, "Ukrgazbank" - 75% +1 voice.

The prime minister noted that concerning Finance and Credit bank "there is a discussion" in a question of the sum of recapitalization.

Besides, she declared that the Cabinet of Ministers can consider a question of recapitalization of 26 Ukrainian banks suitable under criteria of recapitalization.

The prime minister noted that criteria of recapitalization of banks is that it there has to be a system bank with the corresponding volume of branches and investors.

According to her, under this criterion 26 banks approach.

I called Tymoshenko's following criterion desire of owners of bank of recapitalization. According to the prime minister, such desire was stated by heads of 7 of 26 banks.

"If from 26 banks someone from owners wants to be attracted, it will be considered in addition at government meeting, and the government will make the decision", - told Tymoshenko.

She emphasized that after banks "will be revitalized, the government will give these banks to private owners at open auctions".

The head of the government noted that at an emergency meeting of the government the bill which concerns procedure of recapitalization of banks is considered, in particular.

Tymoshenko added that acceptance or rejection of this law in parliament won't constrain recapitalization process, but only may be


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