The National Bank of Ukraine has amended Regulation No.327 On Disbursement of Stabilization Loans to Ukrainian Banks by the National Bank of Ukraine to bring its provisions into line with the Regulation for Measuring Credit Risk Generated by Banks’ Asset Operations and the Regulation On the Provision by the National Bank of Ukraine of Emergency Liquidity Support to Banks.

The amendments to Regulation No. 327, inter alia, have:

• established a requirement for a  bank to submit a financial development model along with documents confirming this model’s financials; and
• specified a procedure for making changes to the terms of the loan agreement. 

The amendments to this effect  are provided for by NBU Board Resolution No 20 On Approval of Amendments to the Regulation on Disbursement of Stabilization Loans to the Ukrainian Banks by the National Bank of Ukraine. The resolution shall come into effect on the day following its official publication.