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Banks are prohibited from refusing to give depositors their money

Monday, March 23, 2020
Banks are prohibited from refusing to give depositors their money

Banks are prohibited from refusing to give depositors their money, Yakiv Smoliy told reporters Friday. “We forbade banks to introduce any restrictions on deposits whose term has expired,” said the Governor of the National Bank of Ukraine. “That is, if your deposit has expired, you can do anything with it: extend, withdraw. There are no restrictions.” He said there has been virtually no outflow of deposits this month.

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A UBN reader writes, citing health professional friends in Rivne and Dnipro:

A UBN reader writes, citing health professional friends in Rivne and Dnipro:

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Tuesday, March 24
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Ukraine’s economy will shrink this year by 5% “in an optimistic scenario,” Yulia Kovaliv, deputy head of President’s Zelenskiy’s office,

Ukraine’s economy will shrink this year by 5% “in an optimistic scenario,” Yulia Kovaliv, deputy head of President’s Zelenskiy’s office,

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