KIEV, Oct. 2 – It is premature to cancel the system of deposit guarantee regarding individuals' deposits in foreign currency in Ukraine, according to Oleksiy Tkachenko, deputy head of the National Bank of Ukraine.
"Given the fact that historically deposits were guaranteed, including those in foreign currency, I think that this [abolition of deposit guarantees on individuals' deposits in foreign currency] is a premature measure," he said at a roundtable on the topic "The reform of the deposit guarantee system a year later: the results for the state, depositors and financial institutions" in Kiev.
Tkachenko said that the level of dollarization of individuals' deposits is still quite high - at 45%.
|