On October 1, the Cabinet of Ministers of Ukraine adopted a decision to begin preparations for the sale of state-owned stakes in the authorized capital of JSC Sense Bank and JSB Ukrgasbank.
This is announced in a statement by the Ministry of Finance, Ukrainian News Agency reports.
The goal is to reduce the share of state ownership in the banking sector and raise funds from the sale to the state budget of Ukraine.
The sale of shares will be carried out in accordance with the Law of Ukraine "On the Peculiarities of the Sale of State-owned Shares in the Authorized Capital of Banks" in three stages:
- preparation of the share package for sale;
- holding a tender;
- conclusion of a purchase and sale agreement.
The adopted government order provides for the start of preparations for the sale of stakes in Sense Bank and Ukrgasbank.
As Ukrainian News Agency earlier reported, reducing the state's share in the banking sector is one of the eight priority operational goals of the Ministry of Finance of the Government's Action Program.
On August 14, 2025, the Financial Stability Board considered the potential risks of the sale of stakes in Sense Bank and Ukrgasbank for the financial system. The discussion confirmed that the sale of stakes in these banks would not have a negative impact on the stability of the banking system.
The Ministry of Finance plans to announce a competition to select an advisor for the sale of stakes in Sense Bank and Ukrgasbank by the end of autumn 2025.
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