On 11 April, the the National Bank of Ukraine and Narodowy Bank Polski signed a Memorandum of Understanding (the MoU) aiming at strengthening the cooperation in the face of military aggression of the russian federation against Ukraine.
The MoU signed will be a basis for enhanced cooperation and will facilitate information exchange and mutual support between the two institutions, as well as a closer collaboration of financial and banking activities between the two countries.
“Our partnership and close cooperation have not only stood the test of time, but also endured the hardship of war. I’m sincerely grateful to you and your team for the huge contribution you have made to the financial defense of Ukraine since it was invaded by the aggressor. This is evidenced, among other things, by the NBP’s decision to open a USD 1 billion FX swap line. I’m happy to sign this important document. It reaffirms our bilateral openness and commitment to building out and strengthening our relations,” said NBU Governor Kyrylo Shevchenko to NBP Governor Professor Adam Glapiński as they signed the Memorandum.
“During the meeting in Warsaw we discussed the current cooperation, joint projects and challenges for central banks caused by the war in Ukraine. Together with Governor Shevchenko we signed the Memorandum of Understanding as a confirmation of good relations and strong bonds between our banks,” said NBP Governor Adam Glapiński.