NBU provided a long-term refinancing of 2.4 billion UAH

08 May 2020, 21:14 | Finance and Banking
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Today, May 8, the National Bank held the first tender to provide banks with long-term refinancing. This was reported by the NBU press service..

The auction was attended by 11 banks, which in general received almost 2.4 billion UAH for a period of one to five years. The National Bank clarifies that the volume of refinancing was limited only by the banks' liquid collateral.



The NBU noted that banks will be able to more actively make long-term investments and provide loans to the real sector of the economy, which suffered losses during the global crisis caused by the coronavirus pandemic.

The next tender for long-term refinancing will be held on June 12.

Today, May 8, the National Bank also held another tender to maintain bank liquidity for up to 90 days.. Four banks participated, which in general attracted almost 457 million UAH. It is reported by LIGABusinessInform.




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