The NBU’s priority is to maintain stability of the banking system through mitigating the negative impact of the military aggression by the Russian Federation against Ukraine. To that end, the NBU:
- has approved Rules for Banks to Operate under Martial Law Introduced in Ukraine, in particular concerning specifics of meeting the requirements of Regulation On Assessment by Ukrainian Banks of their Credit Exposures approved by NBU Board Resolution No. 351 dated 30 June 2016 (as amended) and Regulation On Organization of Problem Assets Management Process in Ukrainian Banks approved by NBU Board Resolution No. 97 dated 18 July 2019 (as amended)
- has set specifics of the NBU’s annual resilience assesment of banks in 2022 under the Regulation On Assessing Resilience of Banks and Banking System of Ukraine, approved by NBU Board Resolution No. 141 dated 22 December 2017 (as amended). This time, only stages 1 and 2 will be performed
- has taken a decision not to apply corrective actions to banks for the failure to comply with economic ratios, open FX position limits, and deadlines for submitting statistical reports and to the banking groups for failure to comply with the requirements for regulatory capital adequacy, liquidity ratios, and credit risk, if such violations occurred starting 24 February 2022 due to adverse effect of the military aggression by the Russian Federation against Ukraine.
Relevant measures are approved by NBU Board Resolution No.23 On Some Issues of Operation of Ukrainian Banks and Banking Groups dated 25 February 2022, which takes force on 25 February and will be effective until it’s abolition.