KIEV, Dec. 10 – Ukraine's Finance Ministry supports giving borrowers the right to switch credits in foreign currency to hryvnias and gradually relaxing the requirement for the adequacy of banks' capitals from 10% to 8%.
The proposals are stipulated in a draft memo on joint actions of the National Bank of Ukraine, commercial banks and Finance Ministry on settling problems in returning credits by the public and companies caused by the weaker hryvnia.
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