The National Bank is assisting Ukrainian exporters in entering new markets.
Monday, November 7, 2022

The National Bank is assisting Ukrainian exporters in entering new markets.

The National Bank created the conditions for Ukrainian exporters to participate in tenders for the supply of goods to non-residents. Since November 5, banks have been allowed to provide tender guarantees for these operations. Corresponding changes will improve business conditions for Ukrainian manufacturers because tender guarantees are used to enter new markets and find new export opportunities, the National Bank explained. The regulator also announced record liquidity in the banking system. Because of this, as well as the early repayment of refinancing loans and the banking sector’s successful navigation of the full-scale war, the National Bank of Ukraine has stopped carrying out blank bank refinancing operations. However, traditional collateral refinancing loans will continue to be available to banks, the National Bank added.

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