KIEV, Sept. 11 – The introduction by the National Bank of Ukraine of restrictions on interest rates on foreign loans attracted by Ukrainian banks includes too tough wording, which could create obstacles for all Ukrainian banks, according to Volodymyr Lavrenchuk, the head of Raiffeisen Bank Aval.

The NBU in July made amendments to the procedure on receiving credits and loans in foreign currency by residents from non-residents. The amendments, effective Oct.19, foresee the restriction of interest rates by the rate on Ukrainian eurobonds plus 2 percentage notches.