On 3 June 2016, the Board of the National Bank of Ukraine issued Resolution No. 338 amending the Instruction on the Procedure for Regulation of Bank Activities in Ukraine approved by NBU Board Resolution No.368, dated 28 August 2001.
These amendments, inter alia, defines the rules governing the inclusion of financial support (contributions) from shareholders to the bank's regulatory capital. Thus, the financial support (contributions) from shareholders shall be included to the bank's core capital based on the permit issued by the NBU providing that the funds have been disbursed in cash and, unlike loans, are not subject to repayment, and if the bank’s ownership structure meets transparency requirements set by the NBU.
Additionally, this resolution specifies the procedure for calculating the prudential ratios, with the total amount of credit risk being reduced by the amount of collateral.
The Resolution enters into force on the day following its official publication.