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                        FRIDAY, APRIL 19, 2024
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NBU postpones rule designed to protect assets used as collateral
Journal Staff Report

KIEV, Jan. 19 – The National Bank of Ukraine has postponed the introduction of a rule to obligatorily insure all assets used as collateral and specify some signs of large credit risks until 2019.

According to a posting on the central bank's website, the amendments were made to the rules determining the size of credit risks.

"Since early July 2016 banks applied the rules in the test mode. The discussion between banks and the NBU about some provisions of the legal act continued. After analyzing the results of the test mode and proposals of the bank society the NBU amended the rules," the regulator said.




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