The Government has transferred the shares of the First Investment Bank, previously owned by russian oligarchs, to the Ministry for Communities and Territories Development with the subsequent transfer to Ukrposhta. This was announced by Prime Minister Denys Shmyhal at a meeting of the Cabinet on 28 January.
“In this way, we are creating a postal bank. Ukrposhta has its branches in all parts of the country, so this will open up new opportunities for Ukrainians who do not use digital tools,” the Head of Government stressed.
He noted that receiving assistance, social benefits, ordering goods and medicines would become easier, as all these services will be within walking distance.
In addition, the above decision will save the state up to UAH 5 billion over the next 3-4 years, which will be used to finance priority budget items.
The Prime Minister stressed that the Winter eSupport programme initiated by President Volodymyr Zelenskyy was proving to be highly effective.
“More than 12.6 million Ukrainians have already applied for assistance, and more than 11 million have already received a thousand hryvnias of support,” the Head of Government said.