Three Ukrainian banks to get UAH 1.339 bn refinancing - NBU

Three Ukrainian banks to get UAH 1.339 bn refinancing  - NBUThe National Bank of Ukraine (NBU) at a tender on November 23 provided refinancing loans worth UAH 1.339 billion to three banks at 16% per annum, the regulator has said on its website.

The NBU did not mention the names of the bank, as the loans were issued for the period of up to 30 days.

The NBU in 2016 issued all loans solely on a tender basis under the collateral of government domestic loan bonds and foreign currency.

The National Bank since mid-2015 has been using only monetary instruments to support bank liquidity, whose maturities do not exceed three months.

Banks receive refinancing loans after tenders to support the liquidity of banks. At the same time, all the banks that appeal for financing and provide highly liquid deposits (government domestic loan bonds, certificates, foreign currency) receive loans automatically.
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