On 30 March 2016, the  Board of the National Bank of Ukraine issued Resolution No 207  amending the rules governing the disbursement of stabilization loans to the Ukrainian banks by the NBU.

In particular, from now on banks applying for stabilization loans will have to submit to the NBU a financial development model instead of a financial recovery program. This being said, a bank will be allowed to replace a financial recovery program with a financial development model if the terms of the loan agreement concluded earlier have been amended by extending the loan's maturity/changing the repayment schedule or interest rates charged on loans. 

Additionally, the NBU has revisited the restrictions and requirements placed on banks and revised the rules governing inspections of banks conducted during the validity of the loan agreement.

NBU Board Resolution No. 207 of 30 March 2016 shall enter into force on the day following its official publication.