The Ukrainian TV network BTB, owned by tycoon and formerly deputy prime minister Sergei Arbuzov, an ally of ousted president Viktor Yanukovych, is to be nationalized and turned into a public TV station. Ukraine's National Bank, which currently manages BTB, a station focused on banking and finances, said in a press release that it plans to transfer the asset to the state-run TV and radio corporation to be used as a basis for a new public TV network.