The NBU’s Statement of Financial Position as of 1 July 2017 suggests that in H1 2017 the NBU’s assets increased by UAH 32.74 billion to UAH 973.32 billion, up from UAH  940.58 billion.

The growth in assets was driven by a 16% increase in Ukraine’s international reserves to the equivalent of USD 17.9 billion.  In particular, the NBU’s SDR holdings stood at UAH 82.45 billion, with the monetary gold amounting to UAH 25.38 billion.

The central bank's holdings of securities  have increased most markedly from UAH 275.3 billion to UAH 333.6 billion.  The growth in securities holdings was attributed to the conversion of funds into foreign currency. Accordingly, a decline from UAH 50.9 billion to UAH  28.2 billion was recorded under item “Funds and deposits in foreign currency and investment metals”.

Banks continue to repay debts due to the NBU. In  H1 2017, banks reduced their debts by UAH  2.66 billion (net debt repayments amounted to UAH  9.41 billion) to UAH 32.7 billion.

In the meantime, during the period under review, the NBU’s liabilities grew by UAH 11.47 billion from UAH 792.95 billion to UAH 804.43 billion. Thus, the NBU’s liabilities to the IMF (except for quota payments) increased by UAH 25.72 billion following the disbursement of the fourth tranche of USD 1 billion under the EFF program.

Meanwhile, the NBU’s liabilities under certificates of deposit issued by the NBU have been decreasing: as of 1 July 2017 these liabilities stood at UAH 53.65 billion, while at the beginning of 2017 they amounted UAH 68.17 billion.

As of 1 July 2017 the NBU’s equity capital amounted to UAH 168.89 billion.