NBU cheapened its bank oparational support loans

13 June 2014 10:35  1371731 072589
NBU cheapened its bank oparational support loans

The National Bank of Ukraine has made changes to its regulations on bank operational support mechanism by cheapening its loans to 1.5 times discount rate from two times discount rate.

The relevant decision is fixed in the Resolution of the NBU № 334, the text of which is posted on the website of the Parliament.

As reported, the Resolution of the NBU number 48 provides for bank liquidity operational support mechanism for banks with the outflow of deposits of individuals, through extraordinary tenders on bank liquidity support for up to 360 days.

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