26 June 2018
The National Bank of Ukraine (NBU) has published the key document of the
year – the Annual Report 2017 reflecting the regulator’s performance according
to its core activities.
The Annual Report shows the NBU’s performance in detail, including its
decision-making and forecasts, key function performance, reported achievements
in reforming the banking sector and transforming the central bank. In
particular, the Annual Report contains special focus chapters on the NBU’s
management, monetary policy and financial markets, financial stability,
payments and settlements, reforms and effectiveness. This year, the Annual
Report is supplemented by the Strategy of the National Bank of Ukraine and the
Action Plan for the implementation of the Strategy.
The Annual Report also highlights a historic event that is the development
and approval of the NBU’s first mid-term Strategy. This document that defines
seven strategic goals of the NBU was presented in spring of 2018. Apart from
delivering its statutory mandate of maintaining low and stable inflation, and
ensuring the banking system is both stable and effective, the NBU will focus on
resumption of lending and a smooth transition to free capital movement. The NBU
will also ensure a stable and gradual development of the banking sector,
effective regulation of the entire financial sector, and financial inclusion
The English version of the Annual Report 2017 is available here.
The NBU’s Consolidated Financial Statements and the corresponding audit
opinion are available here.
Compilation and dissemination of the Annual Report is common practice in
foreign central banks. The NBU’s Consolidated Financial Statements are an
integral part of the Annual Report. The financial statements are audited by Deloitte international
audit firm, a part
of Deloitte Touche Tohmatsu Limited.
The NBU’s Annual Report has been published since 1994.
The Annual Reports for 1994–2017 are posted on the
NBU’s website. The NBU has already converted all existing printed versions of
the Annual Reports (starting from 1994) into electronic format. The electronic
versions of the annual reports are published on the NBU’s website.
Since 2014, the NBU has embraced the Going Green trend for central banks’
publications and releases its annual report in electronic format.
Each chapter of this report has a prevailing color
from the NBU’s new brand book, and incorporates the raised elements used on
Ukrainian banknotes that are the tactile features helping people with visual
impairments to identify the face value of a banknote. The report also has
monochrome pictures of the central bank’s interior.