National Bank of Ukraine

Wednesday, April 9, 2014, 10:04

New National Bank of Ukraine Chairman Stepan Kubiv lent UAH 21.5bn to banks to hold liquidity at a stable level and cover the deposits outflow since assuming his post six weeks ago. Lesya Voytytska at Hubs.com.ua, reports.

The NBU has not divulged any details about which banks got the financial assistance and what the volumes of it are but some bankers shared information with Hubs.

Privatbank, which has held deposits of 40.6% of all Ukrainian depositors, was given the largest sum. “As of the end of March the NBU gave it UAH 9bn to cover outflow,”claims a Privat director who requested anonymity.