KIEV, Jan. 26 - The National Bank of Ukraine will refrain from holding a new round of stress tests of banks despite the World Bank's recommendations, the NBU said in a statement.

The statement quoted the NBU's first deputy chairman, Yuriy Kolobov, as saying: "Temporary administration has not been enacted at a single bank in the last six months. The banking system is now stable and balanced, and does not need additional stress-testing. We believe this to be good grounds for improving the investment climate in the state."