Ukraine should get down to introducing the way of bank segment recovery elaborated by the Ukrainian authorities together with international financial institutions.

International Monetary Fund's Mission Chief in Ukraine, Assistant Director of the International Monetary Fund's European Department Ceila Pazarbazioglu and World Bank Director in Ukraine, Belarus and Moldova Martin Raiser admitted this recently at press service conference on May, 31.

According to the financial specialists, the stabilization of deposits in May 2009 has created successful conditions and increased the chances for success, whereas consistency and persistence will be of upmost importance for the program. The counterproductive stages, such as a recent ban on the sale of property used as collateral, should be avoided they added

Pazarbazioglu and Raiser mentioned that this strategy envisages the introduction of the government program for the recapitalization of institutional banks and the start of changing the structure of the commercial banks, which are not institutional but experience shortage of liquidity and capital, which cannot be replenished by their owners.

Currently it is time to start introducing this strategy, as the delay can lead to further wasting the assets and growing of the state's expenditures, they noted.