The Board of the National Bank of Ukraine (NBU) decided to keep the key policy rate unchanged at 6%, the central bank said on its website on Thursday. “The NBU Board has decided to keep its key policy rate at 6% per annum. Maintaining a loose monetary policy will support economic recovery amid moderate inflation … Read more
The Board of the National Bank of Ukraine (NBU) has retained the refinancing rate at 6%, the central bank said on Thursday. “The Board of the NBU has decided to keep the refinancing rate unchanged at 6% per annum. On the one hand, it will keep prices from growing under conditions of economic recovery in … Read more
The National Bank of Ukraine (NBU) has held an express stress test in order to assess the impact of the current crisis on banks. It assessed the impact on capital of 26 large banks with the share of assets of the entire banking system of 91%. The stress test results proved to be in general … Read more
The fall in Ukraine’s real gross domestic product (GDP) in 2020 may be deeper than expected in the April forecast of the National Bank of Ukraine (NBU), that is, below the 5% level, the regulator’s website reports. “The available data indicate that the fall following the results of the year is likely to be deeper … Read more
The Board of the National Bank of Ukraine (NBU) has decided to cut the key policy rate from 8% to 6% effective, the NBU said on its website on Thursday. “Consumer and investment demand is most likely to remain subdued for longer than forecast in April. On the one hand, this will keep inflation below … Read more
The Board of the National Bank of Ukraine has decided to cut the key policy rate from 10% to 8%, the NBU said in a statement on Thursday. “Together with other measures taken by the NBU, such as expanding its set of liquidity support tools and the introduction of preferential terms for borrowers by banks, … Read more
The National Bank of Ukraine (NBU) has permitted nonresident banks to sign agreements on sale and purchase of foreign currency for hryvnias between each other, settling payments through correspondent accounts in Ukrainian bank, the NBU has reported on its website. “From now on, foreign banks will be able not only to sign agreements on purchase … Read more
The Board of the National Bank of Ukraine (NBU) has decided from January 31, 2020 to decrease the refinancing rate from 13.5% to 11% per annum. “The National Bank continues mitigating its monetary policy in order to ensure inflation at 5% and maintain strong economic growth,” the NBU said on Thursday. According to the central … Read more
The inflation slowing in Ukraine in 2019 has turned out to be more significant than it was projected in the forecasts of the National Bank of Ukraine (NBU) published in inflation reports within 2019 (6.3% as of late 2019) and assessments of other expert organizations, the regulator has said in comments on inflation on its … Read more
Ukrainian banks have started posting the results of their stress tests conducted by the National Bank of Ukraine (NBU) on their websites. So, the state-owned PrivatBank and Ukrgasbank, as well as UkrSibbank, OTP Bank, Credit Agricole Bank, ProCredit Bank and Kredobank did not need additional capital according to the results of stress tests. The estimated … Read more