End dependence on central bank financing, Ukraine governor says

Supervisors will start evaluating banks in April as IMF considers increased financing

The National Bank of Ukraine
The National Bank of Ukraine
Oksana Parafeniuk

The National Bank of Ukraine wants to restart supervising commercial lenders in April and avoid monetising the government’s deficit, governor Andriy Pyshnyy said.

Pyshnyy’s statement, in a Facebook post on February 27, signals the NBU wants to stop being the main source of Ukraine’s wartime government spending. The NBU’s board and senior officials agreed to the new stance at a strategy meeting on February 25 and 26, he said.

The governor said central bank financing had been a simple and quick

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account