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The National Bank of Ukraine told how the banking system will work during martial law.

30 November 2018

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 November 30, 2018
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The National Bank of Ukraine told how the banking system will work during martial law.

According NBU Facebook page, the National Bank recalls that the banking system will continue to operate normally during the period of martial law, imposed for a period of 30 days in 10 regions of Ukraine.

Banks today are fairly stable, liquid and capitalized, and the implimintation of martial law does not create risks for the stability of the financial system. Accordingly, no administrative restrictions on the foreign exchange or monetary market are introduced by the National Bank.

At the same time, if the need arises, banks can receive liquidity support from the National Bank through permanent refinancing instruments.

 

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