KIEV, Sept. 28 – The absence of guarantees on the keeping of banking secrets after the adoption of the new Tax Code, which foresees the taxation of interest paid on deposits, could lead to an outflow of funds from national banks, and in particular, the funds of Ukrainian business or officials, according to board chairman of the New Formation All-Ukrainian association of businessmen and a member of the Council of Entrepreneurs at the Ukrainian cabinet, Viacheslav Kredisov.

"We can forecast that Ukrainian business, and I would say not business but officials, would stop keeping money on deposit accounts, as it [would be] rather dangerous," he said at a press conference on Monday.