By KYIV. Nov 7 (Interfax-Ukraine) – The National Bank of Ukraine (NBU) is ceasing operations on blank refinancing of banks due to a record liquidity of the banking system, as well as taking into account the early repayment of refinancing loans by banks, the press service of the regulator reported on Saturday.
The relevant decision was made by NBU Board resolution No. 228 of November 4, which was published on the website of the Central Bank and comes into force on November 5.
The NBU said that blank refinancing made it possible to maintain the stability of the financial system at the beginning of the war, but today it has lost its relevance.
At the same time, conventional secured refinancing loans are still available to banks, the regulator recalled.
