Pursuant to Article 68 of the Law of Ukraine On the National Bank of Ukraine (as amended), the National Bank of Ukraine starts disclosing information on loans with a maturity of over 30 days granted to banks, with obligatory indication of the bank's name, amount and type of loan, type of collateral and the date when the NBU's resolution to grant a loan was issued.
"Our decision will contribute to enhancing transparency of banking activities and reducing the level of its riskiness," said Oleh Churiy, an NBU Board member, Director of the NBU Open Market Operations Department. He also said that in 2014 the net balance (the difference) between the amount of refinancing loans granted to the Ukrainian banks by the National Bank of Ukraine and the amount of repaid refinancing loans (loans that have been granted to banks earlier) totaled "plus" UAH 32.83 billion.
For reference
As of 01.01.2014, the total outstanding debt on refinancing loans granted by the National Bank of Ukraine amounted to UAH 76.12 billion.
The total amount of refinancing loans disbursed by the National Bank of Ukraine in 2014 amounted to UAH 222.26 billion, including those with a maturity of over 30 days – UAH 115.6 billion.
In 2014, the amount of repaid refinancing loans (loans that have been granted to banks by the National Bank of Ukraine earlier) totaled UAH 189.43 billion.
As of 01.01.2015, the total outstanding debt on refinancing loans granted by the National Bank of Ukraine amounted to UAH 108.95 billion.