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GISMETEO.RU
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NBU to stem flow of deposits by extending stabilization credits
Journal Staff Report

KIEV, Oct. 3 – The National Bank of Ukraine plans to compensate for the continuous outflow of deposits by prolonging its stabilization credits.

"Sharp exchange rate fluctuations have impacted the trust of the public in the banking system, and now we see an outflow of deposits from banks. The NBU has drawn up changes to the resolution on the provision of stabilization credits to Ukrainian banks by the NBU to stabilize the situation. According to the document, the term of use of credits will be prolonged," reads the report.




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