National Bank of Ukraine

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  • NBU governor: default not an option The governor of the National Bank of Ukraine, Yakov Smoliy, has said that there are no grounds for default in Ukraine. "We see no reason for such development of events and do not…
  • NBU cuts key policy rate to 10% The Board of the National Bank of Ukraine has decided to cut the key policy rate to 10% per annum effective 13 March 2020. The NBU continues its monetary policy easing, as predicted…
  • Ukrainian banks post record-high profit of 59.6bn hryvnyas in 2019 The profit of Ukrainian banks reached a record 59.6 billion hryvnyas in 2019. The revenues of the banking system amounted to 244.4bn hryvnyas, expenses to 184.8bn hryvnyas. …
  • NBU: Ukraine's GDP grows by 3.3% in 2019 The National Bank of Ukraine (NBU) has reported a 3.3% growth of GDP in 2019 "In 2020 economic growth will accelerate to 3.5%, up from 3.3% in 2019, while accelerating to around 4…
  • Ukraine's reserves exceed $25bn first time since 2012 Ukraine's international reserves have reached an equivalent of $25.3bn by 1 January 2020, having increased by 22% in 2019, the National Bank of Ukraine (NBU) has reported. This amount…
  • National Bank buys $500m from market on 28 Dec The National Bank of Ukraine (NBU) bought $500m more from the market on the last banking day of the year, it has said on its website. The deal was based on a single bid at 23.6862…
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  • NBU buys $700m from market in one day On 26 December, the National Bank of Ukraine held its first currency auction in the past 13 months, having bought 230m dollars from the market, it said on its website. The regulator…
  • Ukraine central back cuts key policy rate The Board of the National Bank of Ukraine (NBU) has decided to cut its key policy rate to 13.5% per annum effective 13 December 2019. "The NBU speeds up the monetary policy easing…
  • NBU governor complains to US diplomat about "former bank owners" National Bank of Ukraine (NBU) governor Yakov Smoliy and his deputies Kateryna Rozhkova and Dmytro Solohub met US charge d'affaires ad interim William Taylor on 19 November. According…
  • Seven Ukrainian bankers detained on suspicion of loan misuse The National Anticorruption Bureau of Ukraine (NABU) has detained seven former and current officials of the National Bank of Ukraine VAB Bank on suspicion of embezzling 1.2bn hryvnyas…
  • NBU cuts key policy rate to 15.5% The Board of the National Bank of Ukraine (NBU) has taken a decision to cut its key policy rate to 15.5% per annum effective 25 October 2019. According to its press service…
  • NBU welcomes London Court of Appeal ruling on PrivatBank The National Bank of Ukraine (NBU) has welcomed the ruling of the Court of Appeal in London that confirms that the English court has the jurisdiction to hear the largest Ukrainian…
  • Ukrainians working abroad transfer over $5.5bn home in six months – NBU Labour migrants have transferred 5.54bn dollars to Ukraine in the first half of 2019, according to the National Bank of Ukraine. In Q2 2019, Ukraine received $2.84bn from labour migrants…
  • Ukraine's international reserves exceed $22bn In August, Ukraine's international reserves exceeded $22bn for the first time since 2013. As of 1 September, they reached an equivalent of $22.015bn, the National Bank of Ukraine…
  • NBU cuts key policy rate to 16.5% The board of the National Bank of Ukraine has decided to cut the key policy rate to 16.5% per annum, effective 6 September 2019. The NBU has said that it is continuing the…