The EBRD has begun preparing a tender to attract an investor in a new Ukrainian stock exchange
The European Bank for Reconstruction and Development (EBRD) has confirmed progress in the creation of a new stock exchange in Ukraine. In particular, the bank announced that one of the key stages of the work – the preparation of all necessary legal changes – will be completed by the end of this year.
"We are preparing legal changes to launch a modern, integrated capital market system. It will combine trading, clearing, and settlement – meaning it will make the exchange's operations and all related transactions more streamlined. We plan to complete these changes by the end of the year," the EBRD said in response to a request LIGA.net
A tender is also being prepared so that the Ukrainian government can choose a strategic investor – an international company with experience in the infrastructure of stock markets. At the same time, the exact launch date of the new exchange has not yet been announced.
As a reminder, in July It has become known that Ukraine, together with the EBRD, the Ministry of Finance, the Ministry of Economy, the National Bank, and the National Securities and Stock Market Commission, has begun implementing the memorandum on the creation of a new exchange.
The stock market in Ukraine currently does not fulfill its main function – it is not a mechanism for attracting broad capital into the economy. In December 2024, the head of the Verkhovna Rada's Finance Committee Danilo Hetmantsev said that The stock market in Ukraine has degraded. to such an extent that only 1600 public companies remained in the country.
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