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There are currently no detentions or seizures of the National Bank's management personnel

There are currently no detentions or seizures of the National Bank's management personnel

The press office of the National Bank of Ukraine reports that none of the members of the Board and directors of the departments of the National Bank were detained during the investigations conducted by anti-corruption bodies, looking into the circumstances of the stabilization loan in 2014 by PJSC “VAB BANK”. At the same time, Governor of the National Bank, Yakiv Smolii, interrupted his business trip abroad and is returning to Ukraine.

The National Bank Board is angered by the notice of suspicion by law enforcement agencies against Oleksandr Pysaruk, the former First Deputy Governor of the NBU. Together with the first post-revolutionary central bank management team, he was at the forefront of banking sector reform – the reason for Ukraine’s current healthy, transparent and reliable banks. Mr Pysaruk is a professional banker with an impeccable reputation, which has been praised both by the IMF, where he has worked for the last three years, and in the international and domestic banking community, where he served for 16 years before being appointed to the NBU and during the last month.

The National Bank stresses that decisions are always taken collectively, which makes it impossible for one person to impact the decision making.

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