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Suggested NBU reform to put pressure on banking sector, Tigipko says
Journal Staff Report

KIEV, Nov. 27 Any attempt to reform the National Bank of Ukraine would intensify the national banking crisis, presidential candidate and former NBU head Sergiy Tigipko has said.

"The government wants to build a bank system for itself. It is ready to ignore the fact that the independence of the National Bank of Ukraine and the concentration of powers in its supervision system are the most important factors of stability for the financial system of Ukraine," Tigipko said, while commenting on the statement by acting Finance Minister Ihor Umansky about the need to reform the NBU by removing bank supervision functions from the central bank, the press service of Tigipko reported on Thursday.




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