KYIV, July 16 – The National Bank of Ukraine (NBU) in July might reduce the refinancing rate by at least 0.5 percentage points (p.p.), to 17% per annum, bankers polled by Interfax-Ukraine believe.
"Given the estimates of the National Bank, I think the refinancing rate will decline. I do not rule out that even by 1%. I consider this step absolutely justified. It is necessary to stimulate the economy's lending and now it's just a favorable time for this and it should not be missed," chairman of the board at Piraeus Bank Serhiy Naumov said.