ForUm Saturday,
21 November
, 2009,07:24


Make this my homepage
News / 30 January 2009 | 10:50

National Bank to coordinate refinancing of banks with authorized Government's representative


From now on the National Bank of Ukraine has to coordinate decisions on refinancing of banks in the form of stabilization credits and credits to support liquidity of banking institutions with an authorized representative of the Cabinet of Ministers.

It reads a joint ordinance of the Cabinet of Ministers and the National Bank of Ukraine “On order of refinancing the banks in the period of the world financial crisis”, approved at the Cabinet's sitting on January 29, government portal reported.

Under the instrument, if an authorized Gov’t member disagrees with a decision of the NBU Board on providing with stabilization credits for refinancing of banks, he should address to the Cabinet of Ministers of Ukraine, which within 5 days has to approve a final decision.

Pursuant to the ordinance, short term credits for refinancing of up to 14 day-term will not call for coordination.

The Government has appointed the First Vice Prime Minister Olexandr Turchynov as an authorized representative of the Cabinet of Ministers.
ForUm
Âåðñèÿ äëÿ ïå÷àòè Îòïðàâèòü ññûëêó äðóãó
14:05 Starting on November 18, Ukraine became member of the Council of Europe Committee of Ministers' Bureau, Ukraine's CE mission reported.

19 November 2009
17:03  Eighty percent of Ukrainians want to have strong president, survey shows.
16:02  Ukrainian painter's canvas exhibited in Bulgarian parliament.

All news
   News
20 November 2009

19 November 2009

18 November 2009

16 November 2009

All news
Top    
Editorial staff:english@for-ua.com
Republication or redistribution of ForUm content, including by framing or similar means,
is allowed with the reference to en.for-ua.com only.
All rights are reserved by © LTD. Inter-Media, ForUm 2001-2009
bigmir)net TOP 100
Development by WebSysBox