NBU provides refinancing for three banks.

Wednesday, September 8, 2021

On September 3, 2021, a quantitative tender was held for the refinancing of banks for a term of 84 days. The applications of three banks for a total sum of UAH 535.0 million at an interest rate of 9.00% per were met. The NBU is gradually phasing out anti-crisis measures to support banks: long-term refinancing and interest rate swaps. From July 1 the terms for long-term refinancing loans are be limited from five to three years. The volume of auctions was also reduced: from July – up to UAH 5 billion, from August – up to UAH 4 billion, from September – up to UAH 3 billion.

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