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NBU moves to prop up Brokbusinessbank with UAH2 billion refinancing
Journal Staff Report

KIEV, Feb. 14 – The National Bank of Ukraine is ready to provide refinancing of UAH 2 billion to Brokbusinessbank, and UAH 1 billion was allocated on Wednesday, which will allow stabilizing the situation in the bank, VETEK Group Deputy Chairman Borys Tymonkin told reporters in Kiev.

"The bank is supported both by shareholders and the NBU. We bought certain securities and received a first tranche of refinancing of UAH 1 billion," Tymonkin said.

"All the payments that were suspended will be settled and all ATMs will have cash," he added.




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