Ukraine’s foreign exchange reserves reached record levels during the first half of 2017. This was reported by the press service of the National Bank. “The international reserves of Ukraine as of July 01, 2017 amounted to 17 970.0 million. USA (equivalent) according to preliminary data. As of 01 July, the volume of international reserves of Ukraine covers the 3.7 months of future imports is sufficient to meet the liabilities and current operations of the government and the National Bank”, – […]

Over the past years the banking system of Ukraine has undergone significant changes. This is stated in the conclusions of the Council of the NBU “On the activities of the Board of the National Bank of Ukraine on development of the banking system and individual regulations on the issues of banking activities”. It is noted that this is partly due to the adverse economic environment amid the military conflict and the loss of a significant part of the economic and […]

The Board of the National Bank of Ukraine called the actions of the regulator in the situation with the nationalization of “PrivatBank” late. This is stated in the conclusions of the Council of the NBU “On the activities of the Board of the National Bank of Ukraine on development of the banking system and individual regulations on the issues of banking activities”. See also: The national Bank began forcibly to collect debts on loans of the former shareholders of the […]