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NBU Board Meets with G7 Ambassadors and EU Delegation to Ukraine

NBU Board Meets with G7 Ambassadors and EU Delegation to Ukraine

On 12 October, NBU Governor Kyrylo Shevchenko and his deputies met with G7 Ambassadors and embassy representatives, and the EU Delegation to Ukraine. 

"It is very important for me to maintain a dialogue with international partners, which enables us to discuss our achievements and lines of further cooperation," Kyrylo Shevchenko emphasized as he opened the meeting.

At the meeting, the NBU Governor and his deputies briefed the representatives of the international diplomatic community on the progress and results achieved on important issues, such as cooperating with the IMF, strengthening the NBU’s institutional capacity and independence, improving corporate governance in banks, making progress in the recovery of failed banks’ assets, and recent changes in Ukrainian banking legislation.

Specifically, the participants discussed amendments to the Law of Ukraine On the National Bank of Ukraine and the importance of the second-reading passage of the Draft Law On Amending Certain Laws of Ukraine Concerning Certain Issues Related to the Activities of the National Bank of Ukraine.

"This will be another step in strengthening the NBU’s institutional and operational capacity. After all, the NBU must remain independent and build its work on the principles of transparency, partnership, and professionalism," said Kyrylo Shevchenko.

Among other things, the participants talked about the macroeconomic situation in Ukraine, the NBU’s monetary policy, the resilience of the Ukrainian banking sector to potential global challenges, as well as the regulatory framework for the virtual assets market. 

International partners expressed their support for the activities of the NBU’s top management.

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