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Banks almost completely repay blank refinancing attracted at start of war – deputy NBU governor
KYIV. Oct 12 (Interfax-Ukraine) – Banks’ debt on blank refinancing, which they attracted at the beginning of the war in the amount of more than UAH 60 billion, has now decreased to UAH 45-47 million, Deputy Governor of the National Bank of Ukraine (NBU) Yuriy Heletiy has said.
"If we are talking about refinancing debt in general, then we had its peak value for all instruments was UAH 161 billion, and now it is UAH 68 billion," he said in an interview with Interfax-Ukraine.
Heletiy recalled that the National Bank provides banks with refinancing loans secured by a pool of assets, which may consist of securities, taking into account property rights for future receipts of funds from securities.
"These are, first of all, government bonds of Ukraine. There may also be corporate bonds placed under the guarantee of the Cabinet of Ministers, bonds of internal local loans, as well as certificates and foreign currency," the deputy governor of the NBU said.
