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Where there is no law, but every man does what is right in his own eyes, there is the least of real liberty
Henry M. Robert

NBU DEMANDS BECOME MORE STRICT

13 November, 2012 - 00:00

In order to prevent a worsening of the Ukrainian financial market, the NBU has decided to carry out refinancing of commercial banks only under three conditions: the creation of a reserve to cover possible expenditures on the loans, fulfilling economic norms set by the NBU, and creating obligatory reserves.

 

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