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Alfa-Bank Ukraine working on $1 bln capitalization

Alfa-Bank Ukraine hopes to get permission from the Bank of England, US Treasury and, possibly, other regulators in the near future to carry out additional capitalization at the expense of subordinated debt for $ 1 billion from the funds of a number of its shareholders that fell under the sanctions, ex-Minister of Finance of Bulgaria Simeon Djankov, who in mid-April, in agreement with the National Bank, was given the right to vote on the majority stake in the bank, said.

After war, Ukrainian banks should allocate bad assets to bad bank - ex-Minister of Finance of Bulgaria

The division of bank assets into bad bank and good bank, which proved itself well during the period of overcoming the consequences of the East Asian financial crisis, should be applied in Ukraine after the end of the war, considers ex-Minister of Finance of Bulgaria Simeon Djankov, who also has significant work experience at the World Bank and the EBRD.

ANC socialist thinking is crushing South Africa's future

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