Assets of the national Bank grew by more than 91 billion hryvnia
By the end of 2016, assets of the National Bank of Ukraine grew by 91.4 billion UAH (by 11%) – c 849,2 billion in 2015 to 940,6 billion at the end of 2016.
Such preliminary data controller causes excluding external audit.
“The main factor in the growth of assets of the NBU was the increase in international reserves of Ukraine, which has increased in 2016 by 2.2 billion US dollars or 17% and amounted at year end to 15.5 billion U.S. dollars. This reflects the policy of the NBU regarding the capacity of reserves to maintain macro-financial stability”, – said the Director of the Department of financial inspection of the national Bank Oleg Stringa.
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At the same time, assets in national currency in the balance sheet of the NBU decreased by UAH 38.4 billion (8%) and amounted to 439 billion. This happened in the framework of monetary policy to achieve inflation target. The volume of securities in the portfolio of Bank decreased for the year 2016 of 10.1 billion UAH, which is the result of the lack of dominance of fiscal policy over monetary policy. The debt of banks to the NBU over the past year decreased 31.7 billion.
However, the obligations of the National Bank increased by 19.6 billion UAH – to UAH 746 bn. In particular, the volume of certificates of Deposit issued by the NBU, decreased from the beginning of the year to 21.7 billion UAH and amounted to UAH 68.2 billion at the end of 2016.
The equity capital of the National Bank increased mainly due to the profit at 71.7 billion UAH – to 194.6 billion.
After the external audit, and the report was approved by the Board and the Board of the national Bank until 30 April, should determine the allocation of profits to reserves of the national Bank and the state budget.