Enhancing control over the activities of the NBU will help restore the banking sector, believe in the Association for the Protection of Banks. The National Bank's activity should be in the sphere of permanent public control, the head of the Association for the Protection of Banks Ekaterina Nazimko believes during the round table "Who manages the NBU today and tomorrow". In her opinion, the public should have legal mechanisms to influence the policy of the NBU - supervision of the banking sector should take place within the framework of the law, rather than the political will of individual personalities. "Not having confidence in the future, not understanding the unpredictable destructive policy of the National Bank, people are increasingly refusing to work with banks. Although it is the financial sector that can become an impetus for the development of the economy and the rejection of international borrowing, "said Nazimko. In her opinion, this is why we need a systematic work with investors to restore confidence in banks. Legislative changes are required in terms of guarantees for depositors and businesses.

"And we from the Association for the Protection of Banks insist on increasing the guaranteed amount of the state deposits at least twice - up to 400 thousand hryvnia", - said Nazimko. Earlier, the National Bank revised the performance of the banking system for the first quarter of 2017, worsening the profitability of working banks by 19.3 percent, or almost 1 billion hryvnia, to 4.102 billion hryvnia.

Original article: The public demand control over the activities of the NBU.