The NBU considers the state of the financial sector best of all the years of Ukraine's independence

2019-12-26 12:31:55
The NBU considers the state of the financial sector best of all the years of Ukraine's independence

following the meeting of the Council For instability, Abank reported that the country's financial sector is the best for all the years of Ukraine's independence condition, and the risks are insignificant. "The domestic economy grows faster than expected, and inflation came to the target range. The situation in the interbank market stable, the national Bank buys the excess foreign currency to replenish international reserves and the beginning of the year bought $ 6 billion. Favourable macroeconomic situation, low inflation and the strengthening of the hryvnia will contribute to reducing the dollarization of the financial system", - reported in the NBU.

 

Recorded a decline of industrial production in the national Bank explain the unfavourable prices on the world commodity markets, in particular metal products.

 

Also during the meeting were discussed the issue of restoration of the solvency of the Fund of guaranteeing the deposits of individuals who owed the Ministry of Finance 49 billion for the main part of the debt. Parliament supported the idea of accession of the savings Bank to the common system grantown deposits of natural persons since the mid-2020, according to the plan, which will be further agreed upon.

 

In the Deposit guarantee Fund after summarizing 2019 reported that the elimination of the consequences of the banking crisis almost completed and the proceeds from the sale and management of assets of insolvent banks during the period of their withdrawal from the market amounted to 46 billion.

 

At the meeting it was decided to establish an inter-Ministerial Committee for financial development to coordinate implementation of the Strategy of development of financial sector of Ukraine by 2025, and expand the working group to resolve non-performing loans of state banks, which included representatives of law enforcement agencies.

 

Since the beginning of the year, the state and state-guaranteed debt denominated in UAH decreased by 8.19% and denominated in foreign currency increased by 5.75% to 82,83 billion $. Overall, in 2020, the national Bank, the government, enterprises and banks should pay foreign debts 17,059 billion $, of which 13,060 billion $ - main debt and 3,999 billion $ - interest.

 

the exchange rate of the dollar on the interbank market on Tuesday fell to 23,245/23,255 UAH/$, under the pressure of currency proceeds from those wishing to buy government bonds, which the Ministry placed on 5,295 billion.

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