Ukraine’s central bank is reforming during wartime, governor says

NBU is strengthening insurance and investment, Pyshnyy tells Summer Meetings

Andriy Pyshnyy speech
NBU governor Andriy Pyshnyy
Lucy Stewart

The National Bank of Ukraine (NBU) is continuing to face massive wartime challenges, its governor Andriy Pyshnyy told the Central Banking Summer Meetings today (June 13).

It is now 840 days since Russian troops invaded Ukraine, he said in his keynote speech.

“We are now facing challenges even more difficult than at the start of the invasion,” he said. “The pressure of uncertainty has not decreased; it’s only intensified.”

The NBU is implementing a “lending development strategy” with two main aims

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