Banks estimate additional costs due to blackouts

27 December 2022, 21:48 | Economy
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The National Bank has calculated how much it will cost to provide additional operating expenses of banks in connection with blackouts. This is stated in the report on the financial stability of the regulator..



" These estimates were made by them in early December, according to the change in working conditions, these costs can only grow,"

According to the report, banks are optimizing the network and have reduced staff by 12% since the beginning of the war..

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In addition, at the beginning of November, about 4% of employees of financial institutions worked from abroad..

As reported, the National Bank and Ukrainian banks have created a common banking network that will operate under blackout conditions..

Read more about whether there is an ideal recipe for anti-crisis policy in times of war? - read in the article \?




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