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. Last Updated: 07/27/2016

Ukrainian Bank Crisis




KIEV -- Prime Minister Valery Pustovoitenko said Tuesday he was worried by the state of Ukraine's banking system and even the largest banks were causing him concern.


"More than a quarter of registered commercial banks fall under the category of problem banks, and a third of those are designated as bankrupt," Pustovoitenko told businessmen.


He said most worrisome was a worsening in operations of the biggest banks, which represent three-quarters of banking operations in the ex-Soviet state.