Currency Markets in Detail » Blog Archive » Stelmakh: recapitalize be only "Ukrprombank" and bank "Kiev", the rest are subject to capitalization

recapitalization to be only two Ukrainian bank - Ukrprombank “and bank” Kiev “, are those banks in which the capital is lost. This was reported, the NBU chairman Volodymyr Stelmakh, while on an official visit to Switzerland with a delegation headed by President Victor Yushchenko, transmits the correspondent of RBC-Ukraine. With regard to other banks, which provides for the involvement of the state capital, will be involved procedure capitalization, said the Chairman of the NBU.

He also stressed that the current situation to strengthen the hryvnia no speculative component, and this strengthening occurs only for objective reasons.

At the same time, Stelmach said that the crucial improvements in the banking sector has not yet happened, however, greatly increased power of banking system of Ukraine. For example, if a few months ago on the currency market sold the National Bank of $ 1-2 billion, over the past month, this amount was only U.S. $ 100 million, and the proposal, according to the chairman of the National Bank of Ukraine, the demand has not been fully exploited.

Stelmakh also said that people today no longer buys and sells currency, in view of strengthening the hryvnia.

He noted that in recent years has increased substantially napolnyaemost Fund guarantee deposits. If before the fund was 1.5 billion UAH, now, he rose to 4 billion UAH, in particular, due to the fact that only since the beginning of the year NBU transferred UAH 2 billion from its profits to the fund. NBU and thereafter 25% of its profits will be transferred to the account of the agency, added Stelmakh.

Talking about the devaluation of hryvnia at the beginning of the year, the chairman of the National Bank of Ukraine noted that 60% of the devaluation was caused by a stress state population, which purchased the currency en masse, and the policies of commercial banks during the period ( “the speculative activities of banks with foreign capital”) .

the first time in history, the IMF has provided a loan fund, which partly goes to cover the budget deficit, Stelmakh added, commenting on the allocation of the second tranche of the IMF loan Ukraine.

NBU Chairman also added that all payments to the state budget by the National Bank of Ukraine are in accordance with the law and the charter of the National Bank. “April 5, was signed by the auditors report that the NBU about 8 billion UAH excess of income over expenditure, and these funds should pay for the NBU to the budget. We used to pay in advance 3.5 billion and pay the amount that remained,” - he said.

Recall at the end of last year hryvna devalued by 52%.



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Currency Markets in Detail » Blog Archive » Stelmakh: recapitalize be only "Ukrprombank" and bank "Kiev", the rest are subject to capitalization

recapitalization to be only two Ukrainian bank - Ukrprombank “and bank” Kiev “, are those banks in which the capital is lost. This was reported, the NBU chairman Volodymyr Stelmakh, while on an official visit to Switzerland with a delegation headed by President Victor Yushchenko, transmits the correspondent of RBC-Ukraine. With regard to other banks, which provides for the involvement of the state capital, will be involved procedure capitalization, said the Chairman of the NBU.

He also stressed that the current situation to strengthen the hryvnia no speculative component, and this strengthening occurs only for objective reasons.

At the same time, Stelmach said that the crucial improvements in the banking sector has not yet happened, however, greatly increased power of banking system of Ukraine. For example, if a few months ago on the currency market sold the National Bank of $ 1-2 billion, over the past month, this amount was only U.S. $ 100 million, and the proposal, according to the chairman of the National Bank of Ukraine, the demand has not been fully exploited.

Stelmakh also said that people today no longer buys and sells currency, in view of strengthening the hryvnia.

He noted that in recent years has increased substantially napolnyaemost Fund guarantee deposits. If before the fund was 1.5 billion UAH, now, he rose to 4 billion UAH, in particular, due to the fact that only since the beginning of the year NBU transferred UAH 2 billion from its profits to the fund. NBU and thereafter 25% of its profits will be transferred to the account of the agency, added Stelmakh.

Talking about the devaluation of hryvnia at the beginning of the year, the chairman of the National Bank of Ukraine noted that 60% of the devaluation was caused by a stress state population, which purchased the currency en masse, and the policies of commercial banks during the period ( “the speculative activities of banks with foreign capital”) .

the first time in history, the IMF has provided a loan fund, which partly goes to cover the budget deficit, Stelmakh added, commenting on the allocation of the second tranche of the IMF loan Ukraine.

NBU Chairman also added that all payments to the state budget by the National Bank of Ukraine are in accordance with the law and the charter of the National Bank. “April 5, was signed by the auditors report that the NBU about 8 billion UAH excess of income over expenditure, and these funds should pay for the NBU to the budget. We used to pay in advance 3.5 billion and pay the amount that remained,” - he said.

Recall at the end of last year hryvna devalued by 52%.



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